YoungUpstarts
SEPTEMBER 14, 2018
Absent an agreement to maintain confidentiality, disclosing your idea to family and friends may constitute a public disclosure that disqualifies you from patent protection. Make sure that you have protected your intellectual property and/or have the investors sign a non-disclosure agreement before revealing the specifics of your idea.
Up and Running
APRIL 23, 2012
The vast majority of fundraising negotiations with investors are done behind closed doors, especially for a company that has yet to receive its first institutional round of financing. Almost any attorney can break through a non disclosure agreement, so it doesn’t protect your ideas at the end of the day anyway.
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The Startup Magazine
JUNE 20, 2023
There are various strategies you can employ to mitigate this risk, such as obtaining patents or trademarks, implementing trade secret protection measures, and using non-disclosure agreements with employees and contractors. It’s also imperative to conduct regular audits of your IP assets and keep them up-to-date.
Steve Blank
DECEMBER 7, 2009
The initial hypothesis for Epiphany (from my much smarter partner Ben ) was that as departments in the enterprise (manufacturing, finance, customer support sales) became automated, the marketing department would eventually get its turn. We consciously didn’t ask potential customers to sign a Non-Disclosure Agreement (NDA).
YoungUpstarts
APRIL 11, 2017
Non-Disclosure Agreements – A non-disclosure agreement helps to protect your idea by committing all the parties you are working with to confidentiality. Non-compete agreement – If you’re pitching an idea to a potential client or investor, have them sign a non-compete agreement.
Startup Professionals Musings
NOVEMBER 10, 2014
The administration of legal conditions, signatures, disclosures, and distributions is a nightmare. In my opinion, that’s why micro-finance has rarely worked, even for loans. In all cases, to keep non-professionals attention, the content of the offer online, or pitch presented, is very limited.
Growthink Blog
MAY 20, 2011
So, I told him he really needed to understand how financing works, because I had realized he had never raised significant outside funding for a startup before. However, his law firm had created a non-disclosure agreement (NDA) for me to sign before we could start. So, I reviewed the NDA.
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