What Every Startup Should Know About Non-Disclosure Agreements

YFS Magazine

Business Law Grow business agreements non disclosure agreementNDAs can play a critical role in the development of your idea. But it is important to be intelligent and thoughtful about how you use NDAs.

Startup Non-Disclosure Agreements are Overrated

Startup Professionals Musings

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. I recommend a mutual non-disclosure, with a non-compete clause, for protection in both directions.

Non-Disclosure Agreements Can Be Powerful, But Only If You Know How to Use Them

Inc Startups

Don't make the mistake of assuming you're automatically protected

Startup Reality Distortion #3: The Fallacy Of the Non-Disclosure Agreement (NDA)

onstartups.com

Startup Reality Distortion #3: The Fallacy Of the Non-Disclosure Agreement (NDA). In my role as angel investor and informal startup advisor, the issue of NDAs (non-disclosure agreements) comes up about once or twice a month. .

When is a Startup Non-Disclosure Really Required?

Startup Professionals Musings

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. I recommend a mutual non-disclosure, with a non-compete clause, for protection in both directions.

Why I don't sign NDAs

Seth Levine's VC Adventure

Is an NDA Necessary? Sometimes, but not Always

The Entrepreneurial Mind

Breaking Business : Non-Disclosure Agreements. Chris Sloan and I discuss the ins and outs of an NDA. Tweet Facebook LinkedIn Tumblr Stumble Digg Delicious The post Is an NDA Necessary? Sometimes, but not Always appeared first on Dr Jeff Cornwall

Key Contracts Every Business Must Use

YoungUpstarts

When a business needs to share that information, it is important to protect it from unnecessary disclosure. Even if both parties are sharing information, it is still important to enter into a non-disclosure agreement – in this case, a mutual non-disclosure agreement.

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. Get an NDA before detailed patent disclosures.

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Are NDAs Worth Much?

Early Growth Financial Services

Non-Disclosure Agreements, or NDAs, are legal contracts designed to protect confidential information. They set out the the parties involved, the types of information to be protected, the timeframe covered, and the legal ramifications for violations. In practice, lots of companies in the startup world use them to apply to ANY information deemed to be sensitive. But is using them a good strategy for your business? Not necessarily: it really depends on how you use them.

Every Startup Needs Intellectual Property To Thrive

Startup Professionals Musings

Trade secrets with employment agreement. Companies often use non-patentable but important trade secrets to run their business. These trade secrets need to be documented and coupled with an employment agreement, to keep them from migrating to your competitors when employees move on.

Non-Disclosures Can Protect Your Idea, Or Destroy It

Startup Professionals Musings

Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Disclosures relative to patents. Select a reasonable agreement duration.

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6 Steps Required From A New Venture Dream To Reality

Startup Professionals Musings

Limit your disclosures to people you trust, and learn the use of non-disclosure agreements (NDA). It seems like everyone wants to be an entrepreneur and get rich these days.

5 Ways To Protect Your Idea From Theft

YoungUpstarts

Non-Disclosure Agreements – A non-disclosure agreement helps to protect your idea by committing all the parties you are working with to confidentiality. by Lewis Robinson.

The Importance of Partnership Agreements, NDAs, and Security: Lessons from HBO’s “Silicon Valley”

Up and Running

Considering how important a partnership agreement is to the foundation of any business, it’s advisable to speak with an attorney if you have any questions or doubts about which course you should take. Violating non-disclosure agreements. Image via HBO.

10 Ways Aspiring Entrepreneurs Are Often Victimized

Startup Professionals Musings

They promise to provide all the info at the time of close, after you sign a non-disclosure agreement. Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall.

8 Intellectual Property Items Every Startup Needs

Startup Professionals Musings

Trade secrets with employment agreement. Companies often use non-patentable but important trade secrets to run their business. These trade secrets need to be documented and coupled with an employment agreement, to keep them from migrating to your competitors when employees move on.

The Top 5 Intellectual Property Mistakes

Up and Running

And, if you are working with anyone on your business or idea, having work-for-hire and employment agreements will ensure the work done for the company is owned by the company. If a work for hire agreement is absent, the contractor, not the business, owns the contracted work.

7 Lessons They Don’t Teach You In Crowdfunding School

Startup Professionals Musings

Crowdfunding interest, by definition, is primarily from non-professional investors who are more focused on features and value, rather than the financials of your business.

7 Reasons Smart Startups Establish 'Coopetition'

Startup Professionals Musings

It leads to referral agreements and affiliate marketing. These are simple cooperation agreements, but many entrepreneurs are too proud or busy to consider them as a growth opportunity.

Crowd-Funding Success Usually Brings New Challenges

Gust

Well-known crowd-funding platforms on the Internet, led by Kickstarter and Indiegogo , have worked for years to provide non-equity “funding” for many startups, as outlined in my previous article Don’t Be Fooled By All The Hype For Crowd Funding. Pebble watch crowd-funding via Wikipedia.

6 Steps To Convert An Idea To A Sustainable Business

Startup Professionals Musings

Limit your disclosures to people you trust, and learn the use of non-disclosure agreements (NDA). It seems like everyone wants to be an entrepreneur and get rich these days.

Residual Information

David Lee

It usually comes within the context of pitching investors or speaking to big companies without an non-disclosure agreement (NDA). ” It’s a typical carve-out in non-disclosure agreements: recipients of confidential information aren’t liable if they use the confidential information inadvertently and without remembering where they got it. I was floored when I read this account from Josh Koppelman.

6 Ways To Prevent Disastrous Outsourcing Decisions

Startup Professionals Musings

Don’t count on contracts and non-disclosure agreements to save you. If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house.

Why VCs Won't Sign Your NDA

www.readwriteweb.com

While non-disclosure agreements are designed to protect your ideas, asking potential investors to sign an NDA is generally seen as unnecessary and unwise. There may be times in which you should require a non-disclosure agreement.

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Protecting IP in Crowdfunded Deals

Angel Investing News

Angels and venture capitalists will not sign non-disclosure (confidentiality) agreements just to listen to an entrepreneur’s funding presentation, or even to read the entrepreneur’s business plan. During this phase of the investment process, representatives of the investor group may agree to a non-disclosure agreement as part of their validation of the IP. think about the nightmare if an inappropriate disclosure is made.

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Why You Should Care about Intellectual Property

Up and Running

Are you outsourcing projects without a “work-for-hire” agreement? A common way to protect trade secrets is by having non-disclosure agreements and protecting sensitive documents. All businesses have intellectual property.

Crowd-Funding Success Usually Brings New Challenges

Startup Professionals Musings

Well-known crowd-funding platforms on the Internet, led by Kickstarter and Indiegogo , have worked for years to provide non-equity “funding” for many startups, as outlined in my previous article Don’t Be Fooled By All The Hype For Crowd Funding.

Why Most People Fail To Cash In On Their Dream Idea

Startup Professionals Musings

Limit your disclosures to people you trust, and learn the use of non-disclosure agreements (NDA). It seems like everyone wants to be an entrepreneur and get rich these days.

Startups Must Embrace Coopetition For Rapid Growth

Startup Professionals Musings

Affiliate marketing and link exchange agreements. Make sure you don’t violate even the spirit of local laws or customs, and make sure your intellectual property is protected with proper two-way non-disclosure agreements before you start.

Protecting Your Business Idea

YoungUpstarts

Anytime you decide to bring in someone who does not have a stake in your business idea you should have them sign a binding Non Disclosure Agreement or NDA before you tell them or show them a thing. Non-compete Agreements Before and After Hiring.

Six Criteria for Outsourcing the Right Processes

Startup Professionals Musings

Near-shore and local outsourcing alternatives are manageable with contracts and non-disclosure agreements. On the other hand, if it is maintenance and testing on non-core software, use the lowest cost solution.

Are You Properly Managing Your Core Competency?

Startup Professionals Musings

Dont count on contracts and non-disclosure agreements to save you. If you have a software development background like mine, Im sure you often get questions about when to outsource, versus building the solution in-house.

Is Crowd-Funding the Answer When Investors Decline?

Startup Professionals Musings

Well-known crowd-funding platforms on the Internet, led by Kickstarter and Indiegogo , have worked for years to provide non-equity “funding” for many startups, as outlined in my previous article Will the Real Crowd Funding Model Please Stand Up?

Social Media Accounts are Intellectual Property

Startup Professionals Musings

Trade secrets with employment agreement. Companies often use non-patentable but important trade secrets to run their business. These trade secrets need to be documented and coupled with an employment agreement, to keep them from migrating to your competitors when employees move on.

Idea Non-Disclosure Demands Kill Investor Interest

Startup Professionals Musings

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. I recommend a mutual non-disclosure, with a non-compete clause, for protection in both directions.

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Shortcuts To Entrepreneur Funding Are Usually Scams

Startup Professionals Musings

They promise to provide all the info at the time of close, after you sign a non-disclosure agreement. Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall.

Don’t Ask Known Investors to Sign Non-Disclosures

Startup Professionals Musings

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. I recommend a mutual non-disclosure, with a non-compete clause, for protection in both directions.

Don’t Count on Crowd-Funding to Save Your Startup

Startup Professionals Musings

The administration of legal conditions, signatures, disclosures, and distributions is a nightmare. In all cases, to keep non-professionals attention, the content of the offer online, or pitch presented, is very limited. Non-disclosure agreements can’t be done in these environments.

Six Key Factors in the Right Outsourcing Decision

Startup Professionals Musings

Near-shore and local outsourcing alternatives are manageable with contracts and non-disclosure agreements. On the other hand, if it is maintenance and testing on non-core software, use the lowest cost solution.