article thumbnail

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. Here are my guidelines for when a signed agreement is required, versus other alternatives: Insist on a two-way NDA for partner negotiations.

article thumbnail

Non-Disclosures Can Protect Your Idea, Or Destroy It

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. Discussions with potential strategic partners. Most often, the best potential partners are already in a business complementary to yours. Build trust first.

Insiders

Sign Up for our Newsletter

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

article thumbnail

In Venture Capital, Should You Be a Momentum or a Value Investor?

David Teten

However, Abe Othman, Partner at Indicator Fund and Head of Data Science at AngelList, observes, “Those companies don’t have a “margin of safety” though, in the traditional Seth Klarman sense of the word. Today, some Momentum-centric venture capital investors have high paper returns. Time allocation.

article thumbnail

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

Steve Blank

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).

article thumbnail

Going to Raise VC? Here’s a Primer on Process, People, Deck

Both Sides of the Table

If you want a very quick primer on all the stuff nobody ever tells you about raising venture capital check out this video where Mark Jeffrey & I break it down on This Week in VC. Will a VC sign an NDA (non-disclosure agreement)? NDAs would make it impossible to do business. Asking for one to be signed shows naïveté.

article thumbnail

The Ultimate Inventor’s Guide to Inventing Things

Up and Running

Boris Wertz, founding partner of Version One Ventures, believes that if you’ve worked in an industry you’re passionate about for a long time, you may know something about the market that nobody else knows. If You Want Venture Capital, You Need It. The non-disclosure agreement (NDA). See Also: Got “Founder Fit”?

article thumbnail

Why you shouldn’t keep your startup idea secret

cdixon.org

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. link] Stan James.

Stealth 68