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

The Startup Magazine

When you’re in boot-strapped startup mode, some issues will take priority. 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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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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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

Do you have a great team at your seed startup, but your product just isn’t working? Would you like to have a salary from day one that you work full-time on your startup? We are a nonpartisan, bipartisan startup of concerned Americans. I do not require an NDA, assuming you have relevant qualifications.

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

David Teten

Do you have a great team at your seed startup, but your product just isn’t working? Would you like to have a salary from day one that you work full-time on your startup? We are a nonpartisan, bipartisan startup of concerned Americans. I do not require an NDA. Here’s How to Do Your Due Diligence First.

America 60
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Non-Disclosures Can Protect Your Idea, Or Destroy It

Startup Professionals Musings

Thus, based on my experience as an entrepreneur as well as a startup investor, there are indeed situations where a non-disclosure is highly recommended, and others where the potential good far outweighs the risk. Potential investors don’t need this data, except perhaps as part of a final due diligence after agreement on terms.

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

Steve Blank

Posted on December 7, 2009 by steveblank In my 21 years of startups, I had my ideas “stolen” twice. 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?” See part one for the first time it happened. This time it was serious.

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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. Most investors and startup advisors I know hate them, and refuse to sign them. If you are totally risk-averse, then push to always get signed NDAs.