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

onstartups.com

23 Tweetable Insights From "The Lean Startup" (5 days ago). How To Pick The Right Idea For Your Startup (3 weeks ago). From Nashville to Boston: How A Startup Accelerator Changed Our Lives (1 month ago). For A Startup (1 month ago). Questions about startups?

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. Most investors and startup advisors I know hate them, and refuse to sign them.

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. Most investors and startup advisors I know hate them, and refuse to sign them.

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Top Legal Concerns for Mobile Application Startups

Early Growth Financial Services

I strongly encourage entrepreneurs to consult an experienced business attorney on … Continue reading → Legal legal entity licensing requirements mobile applications NDA non-disclosure agreement revenue startup startup legalOriginally posted on Stubbs Alderton & Markiles, LLP. Ryan Azlein, Partner with Stubbs Alderton & Markiles LLP, addresses three of the most pressing legal concerns for founders of mobile application companies.

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.

8 Intellectual Property Items Every Startup Needs

Startup Professionals Musings

The company name becomes your intellectual property at the moment you incorporate your startup as an LLC or a Corporation. Trade secrets with employment agreement. Companies often use non-patentable but important trade secrets to run their business.

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). business entrepreneur idea invention Patricia Nolan-Brown startupIt seems like everyone wants to be an entrepreneur and get rich these days.

Three Awesome Tools for Small Businesses and Startups

crowdSPRING Blog

While this may work for large companies, small businesses and startups typically don’t have the resources to do this. Small business and startup tips: training day! Small Business and Startup Tips: 5 Marketing Mistakes to Avoid.

6 Ways To Prevent Disastrous Outsourcing Decisions

Startup Professionals Musings

Don’t count on contracts and non-disclosure agreements to save you. If you are a typical startup operation, consisting of an unpaid founder and co-founder, both working part-time, outsourcing is not likely the solution to your resource constraints.

NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? As Chris Dixon says in Why you shouldn’t keep your startup idea secret.

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NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? As Chris Dixon says in Why you shouldn’t keep your startup idea secret.

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Crowd-Funding Success Usually Brings New Challenges

Gust

Many entrepreneurs seems to be convinced that the “crowd” of regular people using the Internet will somehow solve their startup funding needs, when they sense a lack of interest from accredited investors. Investors are not prepared for the high risk of startups.

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

Up and Running

” The story of the fictional tech company Pied Piper and its many ups and downs is relatable to entrepreneurs that have gone through the hard knocks that come with trying to navigate the startup world. See Also: The Best Places Worldwide to Start Your High-Growth Startup.

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.

Crowd-Funding Success Usually Brings New Challenges

Startup Professionals Musings

Many entrepreneurs seems to be convinced that the “crowd” of regular people using the Internet will somehow solve their startup funding needs, when they sense a lack of interest from accredited investors. Investors are not prepared for the high risk of startups.

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. Work at home to fund your startup.

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. Many more of the funded startups fail to achieve business success, even with the money.

Nuts & Bolts of Intellectual Property for New Startups

Gust

So you’ve chosen a name for your startup, product, or both. Having covered all the bases to ensure that your corporate name is available, the domain name can be acquired, and the name doesn’t infringe any existing trademarks (as we discussed last week ), now is a good time to look at the categories of intellectual property (IP) that are relevant to most startups. Tech startups are at the other extreme. Most of our early-stage startup clients fit this description.

Is Crowd-Funding the Answer When Investors Decline?

Startup Professionals Musings

Many entrepreneurs seems to be convinced that the “crowd” of regular people using the Internet will somehow solve their startup funding needs, when they sense a lack of interest from accredited investors. Investors are not prepared for the high risk of startups.

Social Media Accounts are Intellectual Property

Startup Professionals Musings

The company name becomes your intellectual property at the moment you incorporate your startup as an LLC or a Corporation. Trade secrets with employment agreement. Companies often use non-patentable but important trade secrets to run their business.

MA: Lets Nix The Non-Compete Here So We Can Compete Better Everywhere

OnStartups

The Boston Globe reported this morning that Governor Deval Patrick will propose today a sweeping legislation to make it easier for workers in technology, life sciences, and other industries to move from job to job by banning the non-compete agreements companies use to prevent employees from jumping to rivals. There''s no evidence that abolishing non-competes has hurt them — quite the contrary. Here''s the irony: Non-competes do limit competition.

4 Stupid Legal Mistakes That Can Kill Your Startup

ReadWriteStart

It’s that second part that makes the quote an apt metaphor for life in a startup - and a dire warning to entrepreneurs. And that could be the end of your startup. A trademark is a symbol that distinguishes and identifies your startup’s product.

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

Startup Professionals Musings

One of the hot new approaches I have seen around the country for assisting startups looking for funding has been “crowd-sourcing” sites ( Kickstarter ) or “crowd-pitching” events ( Funding Universe ). I’m still waiting for a startup to proclaim real success from this approach.

Are You Properly Managing Your Core Competency?

Startup Professionals Musings

Dont count on contracts and non-disclosure agreements to save you. If you are a typical startup operation, consisting of an unpaid founder and co-founder, both working part-time, outsourcing is not likely the solution to your resource constraints.

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. entrepreneur startup outsourcing core competency business

Why You Should Care about Intellectual Property

Up and Running

IP is not typically thought of as the most exciting component of a startup or business. 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.

Are You Really Safeguarding Your Startup?

YoungUpstarts

As your startup business grows, making sure it’s properly protected is an absolute must. You might think that you’re protecting your startup properly, but are you really? If you are safe guarding your startup properly, you shouldn’t need to worry about data and equipment being stolen.

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. entrepreneur startup outsourcing core competency business

9 Unexpected Ways a Lawyer Can Help Your Startup

Up and Running

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. Client Agreements.

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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. So, how will crowdfunding sources validate the technology for investment in interesting startups?

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Why First Round Capital funded a lawsuit

Redeye VC

But we had signed a non-disclosure agreement with Best Buy – and they had assured us the information would remain confidential and was critical to moving forward. The board ultimately agreed to share the model – knowing we were protected by our confidentiality agreement. We needed to send a message to Best Buy – and every other large company – that they can’t blatantly violate agreements and steal ideas from startups.

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. Most investors and startup advisors I know hate them, and refuse to sign them.

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

Both Sides of the Table

Will a VC sign an NDA (non-disclosure agreement)? Raising Venture Capital Startup Advice This Week in Venture Capital

10 Ways to Protect Your Intellectual Property

Inc Startups

How important is intellectual property protection to your startup? Not too long ago, defensible IP was one of the top things venture capitalists wanted to see in a startup. Patents don’t determine whether a startup will be able to scale.

How to Get Your Employees to Give You Their Billion-Dollar Ideas

Inc Startups

One of his clients, he writes in the Harvard Business Review , once told him an employee refused to share her innovative idea without the company first signing a non-disclosure agreement.

Design Staff ? Super-fast research recruiting with TaskRabbit

Design Staff

We’ve made user research a priority at our startup , but recruiting participants remains a time-consuming part of the process. How startups can learn more while building less. Design Staff is dedicated to helping startups design great products. Startup blogs we like.

5 Things You Should Never Say When Fundraising

Up and Running

Almost any attorney can break through a non disclosure agreement, so it doesn’t protect your ideas at the end of the day anyway. 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.

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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. In practice, lots of companies in the startup world use them to apply to ANY information deemed to be sensitive. They set out the the parties involved, the types of information to be protected, the timeframe covered, and the legal ramifications for violations.

Basic IP Tips Every Entrepreneur Should Know

YoungUpstarts

Many entrepreneurs preserve an earlier filing date by first filing for an easier-to-secure provisional patent and the completing the non-provisional patent application process within the allocated year. Image credit: Copyright message from Shutterstock.

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