chrissundberg.com

SEPTEMBER 16, 2011

Startup Myths #1 – You Need an NDA. You Need an NDA. The Myth: You need an NDA to protect your intellectual property. The Truth: A Non-Disclosure Agreement (NDA) can be a useful document. They should not be used with investors, co-founders, advisors, etc. I sign an NDA. by Chris on January 5, 2011.

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NDA Non-disclosure Agreement Louisville Angel Investor 40

YoungUpstarts

NOVEMBER 13, 2020

founder of HireMyMom.com . For example: A non-disclosure agreement (NDA). Lesley Pyle is the founder of HireMyMom.com , a boutique service connecting Small Businesses with Virtual Professionals across the country. by Lesley Pyle, MSc., Independent contractors can change the way your business operates.

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Hiring Non-disclosure Agreement Non-Compete NDA 246

Up and Running

NOVEMBER 19, 2015

Many companies in a position to invest in a future business will not sign an NDA; furthermore, it’s likely that your request for them to sign one will give the impression of a lack of professionalism and experience. Most often, business plans are used to raise money and acquire talent. A few things to keep in mind when registering IP.

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Intellectual Property Business Plan IP Early Stage 60

This is going to be BIG.

NOVEMBER 14, 2022

Years ago, I got invited by Steven Messer to join him and his co-founder (and brother-in-law) Tad Martin, two very successful NYC founders, out on a bike ride up the West Side Highway and up 9W over the Palisades. There will be others—like don’t ask a VC to sign an NDA. Founders are generally pretty helpful to other founders.

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NDA Cofounder Startup LLC 88

Up and Running

APRIL 23, 2012

You must sign an NDA, too many of my ideas have been stolen”. Author Bio: Amanda Frazier is 26 year old serial entrepreneur, CEO of Plan to Start , and the Founder of a tech startup called Synergy Hub. Takeaway Lesson: Everything is negotiable. I completely understand what is going on out there in the entrepreneurial world.

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Non-disclosure Agreement Technical Review NDA Due Diligence 98

Up and Running

MARCH 1, 2016

See Also: Got “Founder Fit”? If you want to explain your idea to someone in-depth and are worried potential theft, you can get them to sign a non-disclosure agreement (NDA)—a legal document that states both parties intent to keep information confidential. The non-disclosure agreement (NDA). Filing for trademark protection.

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Non-disclosure Agreement NDA Non-Compete Naming 60

Up and Running

JULY 25, 2016

Even from the outset, Pied Piper had problems related to IP, with the founder having to beg a local irrigation company for the rights to the company name. The Hooli CEO wants to know who violated their NDA in leaking the story, and begins to exert pressure on the blogger to give up her source or face a lawsuit for libel.

Silicon Valley 60

Silicon Valley Non-disclosure Agreement Intellectual Property NDA 60

YoungUpstarts

MARCH 7, 2016

First all employees, including founders, should sign invention assignment agreements. A company needs a well-thought-out patent application on file, or a signed NDA to protect against potential loss of patent rights. To ensure that your company owns its intellectual property, follow a few basic steps. What should my IP strategy be?

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Intellectual Property NDA IP Early Stage 100

www.frozennorth.org

SEPTEMBER 16, 2011

If youve read my Cult of the NDA article (which, by the way, remains one of the most-read articles on this blog), then you know that I think good luck and good execution are far more important to success in a startup than a Really Big Idea. They didnt even offer to sign an NDA. AIM Screen Name: DFNfrozenNorth. Categories. Statistics.

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Stealth IP NDA Startup 40

www.virtuosimedia.com

MARCH 8, 2012

This article should also serve as a starting guide for programmers who are approached about becoming technical co-founders. Sign that person to an NDA if necessary. It’s simply an untenable situation to expect the technical co-founder to assume the full burden of risk through sweat equity. Rework it as necessary.

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Technical Cofounder Cofounder Technical Review NDA 41

Austin Startup

DECEMBER 29, 2018

Bill Wood, founder of Silverton Partners and an early General Partner at Austin Ventures before, said something that got me thinking (quoting from the SiliconHills article ): Because it’s easy to startup a company and doesn’t take a lot of money, Silverton Partners sees more startups forming, Wood said. in the long-run, I say!?—?success

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Cofounder Austin Technical Review Advisory Board 48

Up and Running

FEBRUARY 19, 2014

To learn some common legal pitfalls we’d all be better off avoiding, we asked nine founders from the Young Entrepreneur Council (YEC) what unexpected things they found themselves needing lawyers for in the early stages of their startups. Here’s what they had to say: 1. Small Claims Court.

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Non-disclosure Agreement NDA Term Sheet Early Stage 97

The Startup Lawyer

MARCH 17, 2010

6) Initial Founders Issuance: 8,000,000 Shares. (7) 7) Founders Equity Split: Depends on the Team, But Quickly and After the Awkward & Difficult Conversations. (8) 8) Vest Founders Shares?: 9) Vesting Schedule for Founders Shares: 4 years with a One Year Cliff. (10) 1) Length of NDA: 0 pages. (2) Hell Yes. (9)

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Accredited Investor Delaware NDA Vesting 112

Small Business Force

DECEMBER 12, 2013

Every entrepreneur wishes they were as prescient or creative as Steve Jobs, Jeff Bezos, or Larry Page and Sergey Brin, founders, respectively of Apple, Amazon and Google. Get them to sign an NDA (while it's simply precautionary, it gives them a sense of importance and gives credibility to what they are doing).

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Development Team Review Product Development Developer Customer 36

The Startup Lawyer

MARCH 17, 2010

6) Initial Founders Issuance: 8,000,000 Shares. (7) 7) Founders Equity Split: Depends on the Team, But Quickly and After the Awkward & Difficult Conversations. (8) 8) Vest Founders Shares?: 9) Vesting Schedule for Founders Shares: 4 years with a One Year Cliff. (10) 1) Length of NDA: 0 pages. (2) Hell Yes. (9)

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Accredited Investor Delaware NDA Vesting 112

cdixon.org

SEPTEMBER 17, 2011

A note about NDAs: 1) almost no experienced entrepreneurs/VCs will sign them (in fact, you asking them too is widely considered a sign of inexperience), 2) It’s not clear they have any real value – are you really going to spend years suing someone who signed an NDA? Have any candidate sign an NDA. startupcto

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Stealth Startup NDA Cofounder 68

grasshopperherder.com

FEBRUARY 19, 2011

Don’t Even Ask for an NDA This just makes me laugh. UPDATE: It is of course perfectly reasonable to ask for an NDA before giving away the super secret sauce. As a corollary, cold call a VC and try and get them to sign an NDA before your first meeting. It means there actually might be a market for your idea.

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Cofounder NDA Founder Sweat Equity 47

www.seriesseed.com

DECEMBER 9, 2012

This is all built into a typical founder stock purchase agreement. Standard 1-way/bi-lateral NDA's, standard templates for an employee manual, employee contract/agreements, IP ownership release to company are on my wish-list too. This is great.simplified funding/founders docs out of the box. Kind Regards.

Finance 40

Finance Term Sheet Vesting LLC 40

David Teten

AUGUST 7, 2019

Likely signs of a Value investment: the company has challenges in filling out the round; the investors have more negotiating leverage than the founders during the closing process; the company has significantly better metrics (e.g. For example, the founders and common shareholders of FanDuel got nothing from their sale for $465m. .

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Venture Capital Valuation Stock NDA 60

YoungUpstarts

DECEMBER 12, 2017

by Anand Srinivasan, founder of LeadJoint.com . Signing an NDA is an absolute must when you are sharing financial details about your business with a partner. Anand Srinivasan is the founder of LeadJoint.com , an online lead generation tool for digital marketing agencies.

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NDA Vertical Partner Lead Generation 124

VC Cafe

FEBRUARY 22, 2010

I don’t want to share my idea because someone might steal it – the benefit of sharing is greater than detriment- investors won’t sign an NDA. I can hire someone else to make sales – It has to be the founders for a while, don’t hurry to hire a salesman.

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Advisory Board NDA Entrepreneur Early Stage 101

thestartuplawyer.com

FEBRUARY 24, 2010

He obviously never launched a startup and got shafted by a co-founder. He obviously never launched a startup and got shafted by a co-founder. You can start by examining every aspect of the co-founder relationship. In fact, if your co-founder is a friend or relative, that should trigger even more issues and discussions.

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Cofounder Founder Preferred Stock Startup 40

mashable.com

MAY 28, 2010

I suggest you never call this person again for information TheNameInspector The founder of Kodak was George Eastman. I'd be happy to sign an nda. Was looking for something like this. thank you Edouard Reinach kodak is not a word made from nothing. the guy who built the kodak compagny is Eastman Kodak. He invented the name Kodak.

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Naming Technical Review Social Media Startup 94

www.metamorphblog.com

OCTOBER 23, 2010

Home About Contact Home About Contact The Metamorphosis Becoming an Entrepreneur, by Matt Mireles Startup Lessons for the Proto-Founder I started SpeakerText in October 2008 during the financial apocalypse. You need a Co-Founder, not an Engineering Bitch. Treat everyone you hire like a co-founder. No one funded us.

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Founder Startup Cofounder Vesting 51

Feld Thoughts

MARCH 22, 2015

Following is a guest post from Zack Rosen at Pantheon about his experience shadowing Jud Valeski, founder and then-CEO of Gnip for a day in 2012. You should probably sign an NDA. Ideally this is a CEO you admire, and one you already have a relationship with. Confidentiality is incredibly important.

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NDA Portfolio Operations Management 70

SoCal CTO

MARCH 4, 2010

20 Required NDA to continue – a nonstarter 50 Couldn’t sell him 15 Couldn’t explain why they wanted him involved In our conversation together, David and I spent a fair bit of time discussing the fact that a lot of people really didn’t know what he could do for them. And a big factor is how big is the Founder Developer Gap.

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Technical Review Fractional CTO Technology CTO Hire 170

Transformify

MARCH 24, 2020

Even before coronavirus pandemic, investors were already asking tech startup founders ‘’What is your remote work strategy?’’ Going forward, it is expected that the number of all-remote companies will grow exponentially as many businesses and employees have realized the benefits of remote work. Payment Guarantee.

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Los Angeles Limited Liability Company NDA Technical Review 85

www.readwriteweb.com

OCTOBER 7, 2007

But when done well it can really help get a company going fast, professionally and without the founders having to give up much (if any) equity - or bankrupting themselves. The founders may believe they are onto such a good idea that they don’t want to give up any equity. Why bootstrap? Either way, bootstrapping is a viable model.

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Bootstrapping Offshore Startup EC2 41

www.humbledmba.com

SEPTEMBER 16, 2011

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. As I reached out to successful investors and entrepreneurs, I made each of them signed my nifty NDA. And while I knew she wouldnt steal it, I needed to be very careful. So I should be very secretive.

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Stealth NDA Startup IP 90

venturebeat.com

MARCH 8, 2011

I was also searching for a new job and next week I will start work for a new employer and in their NDA I have mentioned the name of my incorporated company as "prior invention/copyright work". This story originally appeared on his blog.) Most people start their first company while they still have a day job.

Software Review 41

Software Review Startup Technical Review Mobile 41

Both Sides of the Table

JANUARY 11, 2011

Will a VC sign an NDA (non-disclosure agreement)? NDAs would make it impossible to do business. It can be a good strategy to bring just the CEO because 1-on-1 rapport is easier to build but if you have equally strong co-founders bring them. A summary of what we discussed is below: Not 100% in order of the video, but close.

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Non-disclosure Agreement NDA Cofounder Term Sheet 340

www.paulgraham.com

OCTOBER 23, 2010

And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. A lot ofwould-be startup founders think the key to the whole process is theinitial idea, and from that point all you have to do is execute.Venture capitalists know better. Ideally you want between two and four founders.

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Startup Cofounder Software Stock 105

Early Growth Financial Services

FEBRUARY 12, 2013

Ryan Azlein, Partner with Stubbs Alderton & Markiles LLP, addresses three of the most pressing legal concerns for founders of mobile application companies. Originally posted on Stubbs Alderton & Markiles, LLP.

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Mobile Limited Liability Company Government Startup 48

Up and Running

MAY 18, 2015

The biggest tip I can give when hiring on oDesk or Elance is: a phone call, or short Skype session goes a long way,” says Cody McGraw, founder of SCOUT Military Discounts. “I’ve I tried to hire only Americans due to legality issues when I have a project that requires a NDA contract,” says Daniel Alarcon, a content writer for CallTools.

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Software Review Portland Hiring NDA 60

maplebutter.com

JANUARY 8, 2013

Whats is the best way to find a co-founder for your startup? Should I require and NDA? However, one of my co-founders doesn’t seem to be as motivated as the rest of us. As founders invest massive amounts of time into their start-up, how critical is it for them to come out of their “hermit caves” and network?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

ConversionXL

JULY 31, 2019

As CrazyEgg’s co-founder, Hiten Shah, puts it : “When customers have countless choices available to them in the market, they are prone to shop around for the best price.”. I can’t share specifics due to an NDA.) Most SaaS marketers and founders in the group say they’d rather grandfather old customers forever. A few months?

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NDA Cofounder Email Revenue 132

Agile VC

APRIL 13, 2012

The kinds of places where you have to sign an NDA when you walk in the lobby… When I lived and worked in the bay area (2000-2005) virtually all the startups were down on the peninsula somewhere. for college students and recent grads to work in startups.

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Silicon Valley San Francisco San Jose Startup 185