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The Inside Story of a Small Startup Acquisition (Part 3)

Software By Rob

I offered a bit more than I typically would given the scope, reputation, and press mentions of HitTail. She asks me to sign an NDA, which I do. I hired a lawyer with experience in IP website acquisitions to draft up a custom agreement. Once she expressed interest in a potential sale I signed an NDA and she provided numbers.

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Startups in stealth mode need one piece of advice.

www.humbledmba.com

I had taken classes on IP, first-mover advantage, etc. I hired a lawyer, and he gave us an NDA template and told us that anyone that had knowledge of our proprietary data had to sign it. I hired a lawyer, and he gave us an NDA template and told us that anyone that had knowledge of our proprietary data had to sign it.

Stealth 90
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How To Bootstrap Your Startup

www.readwriteweb.com

Vendor long-list - build a “long-list&# of possible software vendors and NDA them all, but don‚Äôt rely on it (more on this later). We are on the high end of the range, and I think expecting less would be unrealistic unless you are building something really simple (and therefore with limited inherent IP).