article thumbnail

6 Ways To Win By Creative Partnering With Competitors

Startup Professionals Musings

As small companies, neither startup could afford to extend their product alone, but through creative leadership, we were able to negotiate a win-win strategic partnership for a joint product. They sold by minimizing the value of our features, and highlighted theirs. We both often lost as a result.

Partner 434
article thumbnail

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

Steve Blank

We consciously didn’t ask potential customers to sign a Non-Disclosure Agreement (NDA). making use of non disclosure agreement is both expensive and counter productive. (Welcome to the Internet bubble.) There was lots of venting as we talked about lawsuits and issuing nasty press releases.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Startups Must Embrace Coopetition For Rapid Growth

Startup Professionals Musings

As small companies, neither startup could afford to extend their product alone, but through creative leadership, we were able to negotiate a win-win strategic partnership for a joint product. They sold by minimizing the value of our features, and highlighted theirs. We both often lost as a result.

article thumbnail

There’s More To Protecting Your Firm Than Using A Stronger Lock

Women Entrepreneurs Can

On top of that, having staff at a high level sign non-disclosure agreements, no matter how much you trust them, can allow you to sue them for financial liability should they leak their sources. It can also be worthwhile to find a means to identify certain leaks if they happen.

article thumbnail

How To Find A Technical Cofounder For Your Online Business Idea

www.virtuosimedia.com

If you require a non-disclosure agreement for me to simply even hear your idea, I’m going to walk away unless you’re a Steve Jobs or Bill Gates type of figure. I won’t want to put my other projects at risk by signing a binding legal agreement for something that I don’t have an idea what it’s about.

article thumbnail

The cult of the NDA

www.frozennorth.org

Non-disclosure agreements (NDAs) were the order of the day. One startup even printed its NDA on the back of visitors badges, just like a software "shrink wrap" agreement: "By accepting this visitors badge, you agree to the terms of this Non-Disclosure Agreement." Posted at 03:37 AM |.

NDA 41
article thumbnail

The Dos And Don’ts Of Selling Your Business

Duct Tape Marketing

They're gonna separate out that leader's role, the salary, and they're gonna say, you know, that's a separate kind of expense for the leadership position, and they're gonna look at EBITDA cash flow. (05:37): They reach out to the broker or the seller and then they're probably gonna be asked to sign a non-disclosure agreement.