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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. Get an NDA before detailed patent disclosures. Don’t ask for an NDA from trusted investors and advisors.

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Non-Disclosures Can Protect Your Idea, Or Destroy It

Startup Professionals Musings

If you are approaching a recognized venture capital group, or even an accredited angel investor, a non-disclosure agreement is counter-productive. Potential investors don’t need this data, except perhaps as part of a final due diligence after agreement on terms. Sharing trade secrets.

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Startup Non-Disclosure Agreements are Overrated

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. Typically NDAs have terms of two to five years.

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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. Typically NDAs have terms of two to five years.

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Someone Stole My Startup Idea – Part 2: They Raised Money With My.

Steve Blank

During the due-diligence process, I sat down with one of the partners who pulled out a set of slides and asked me: ”Have you seen these?” We consciously didn’t ask potential customers to sign a Non-Disclosure Agreement (NDA). Are These Your Slides?

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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. Typically NDAs have terms of two to five years.

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5 Things You Should Never Say When Fundraising

Up and Running

You must sign an NDA, too many of my ideas have been stolen”. Almost any attorney can break through a non disclosure agreement, so it doesn’t protect your ideas at the end of the day anyway. When fundraising, business plans are always needed for the due diligence phase, mostly so your investor knows you did your homework.