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Is it true that there are companies that demoed today but haven't launched - and that attendees had to sign an NDA to keep them 'off the record'? (source: the
by dotBen 16y ago
Is it true that there are companies that demoed today but haven't launched - and that attendees had to sign an NDA to keep them 'off the record'?
(source: the tc.com post on this thread + twitter noise)
- answerly 16y agoThere are companies that are off the record every in pretty much every YC batch. Attendees are asked to keep those companies "off the record". YC doesn't require any NDA that I am aware of. I'd expect that the risk of being excluded from future demo day events if you disclosed off the record companies would be a better deterrent than an NDA in this case.
- Harj 16y agono. we do not make anyone sign an NDA. what happens is if a startup has not yet publicly launched and still wants to be able to give someone an exclusive/control how they launch then they mark themselves as off the record. what this prevents is someone briefly mentioning them in an article and then another publication refusing to write about them because it's already been 'covered'. if the startup doesn't care about this, then they keep themselves on record.
- waderoush 16y agoIt's true that there are 13 companies that pitched yesterday but haven't launched. And one that didn't pitch at all. Attendees at Demo Day aren't asked to sign NDAs. There's just a gentlemen's agreement (sexist term isn't it?) not to write, tweet, blog, etc. about the companies that haven't launched yet. With regard to the points Harj and others make in this thread about TechCrunch, I have no idea if they have a policy of turning up their nose at companies that have already been covered elsewhere. I certainly would never agree to YC's off-the-record request for that reason. I observe it because I think the YC companies deserve a chance to control how they make their first big public splash.