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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

Don’t count on contracts and non-disclosure agreements to save you. In any case, before you select a specific outsourcing or contract alternative, there is no substitute for doing thorough due diligence. For example, it is no secret that software pirating is still very common in China, Vietnam, and other cultures.

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10 Tips On Due Diligence On Any Startup Funding Offer

Startup Professionals Musings

In this scam, you are offered a very attractive term sheet due to close in 90 days or so, with a deposit required to hold your position while due diligence is being conducted. Don’t count on ever passing due diligence, or even getting that deposit back. Professional investors don’t work this way.

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6 Guidelines For How And When To Use Non-Disclosures

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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6 Tips For When And How To Disclose Your Startup Idea

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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6 Realities To Evaluate Your Outsourcing Alternatives

Startup Professionals Musings

Don’t count on contracts and non-disclosure agreements to save you. In any case, before you select a specific outsourcing or contract alternative, there is no substitute for doing thorough due diligence. For example, it is no secret that software pirating is still very common in China, Vietnam, and other cultures.

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10 Scams To Avoid While Seeking New Venture Funding

Startup Professionals Musings

In this scam, you are offered a very attractive term sheet due to close in 90 days or so, with a deposit required to hold your position while due diligence is being conducted. Don’t count on ever passing due diligence, or even getting that deposit back. Professional investors don’t work this way.

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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. Potential investors don’t need this data, except perhaps as part of a final due diligence after an initial signed agreement.