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3) Check the socialnetwork username site www.knowem.com to see who else is using something similar. 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. 38 New Social Media Resources You May. And Good luck!
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? Finding cofounders is a biggy, and because 99.9%
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.
Oh and by the way, typically angel investors don’t sign NDA (non-disclosure agreement), so they are most probably losing out on the cash too. Mistake – Choosing the Wrong Partner or Co-Founder. Mistake – Believing You Don’t Have Any Competitors. But these companies are the best in their markets.
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.
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. I co-founded FlightCaster. And while I knew she wouldnt steal it, I needed to be very careful.
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. If you’re looking to find / earn a technical co-founder then Andrew’s article is the best read. Non of this academic stuff.
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. I co-founded NextView Ventures , a seed-stage VC firm based in Boston, in 2010. Filed under Uncategorized.
Contact The Startup Lawyer: Home Page About Contact FAQs Glossary Ryan Roberts Law: Home Page SocialNetworks: Facebook Twitter LinkedIn Flickr Delicious Digg Last.FM 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.
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