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6 Guidelines On How And When To Use Non-Disclosures

Startup Professionals Musings

As an advisor to entrepreneurs, I often have to deal with people who are convinced that they must get me to sign a non-disclosure agreement (NDA) before they begin talks about their new venture. Here are my guidelines for when a signed agreement is required, versus other alternatives: Insist on a two-way NDA for partner negotiations.

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More than just a document: the importance of bulletproof commercial contracts for startups

The Startup Magazine

And in certain situations, the low-cost approach makes perfect sense… A template NDA may fit the bill for early discussions with third parties, while a fairly generic employment contract may mean that enough is being done to ensure legal compliance.

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Non-Disclosures Can Protect Your Idea, Or Destroy It

Startup Professionals Musings

Potential investors don’t need this data, except perhaps as part of a final due diligence after agreement on terms. CDA entrepreneur idea NDA non-disclosure startup' Entrepreneurs should never disclose the details of a planned or current patent application to any outsiders, even with a CDA in place. Sharing trade secrets.

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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

I do not require an NDA, assuming you have relevant qualifications. If you’re still interested, we meet; get to know one another; do mutual due diligence. Here’s How to Do Your Due Diligence First. This is the process I envision that’s most likely to result in success: I share my detailed business plan.

America 60
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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

I do not require an NDA. If you’re still interested, we meet; get to know one another; do mutual due diligence. Here’s How to Do Your Due Diligence First. This is the process I envision that’s most likely to result in success: Assuming you have relevant qualifications, I share my detailed business plan.

America 60
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When is a Startup Non-Disclosure Really Required?

Startup Professionals Musings

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. If you are totally risk-averse, then push to always get signed NDAs. The format of an NDA is simple, and you can download a sample from my website.

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Idea Non-Disclosure Demands Kill Investor Interest

Startup Professionals Musings

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. If you are totally risk-averse, then push to always get signed NDAs. The format of an NDA is simple, and you can download a sample from my website.

NDA 230