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What's stopping you from asking them to sign an NDA before disclosing any details of what you are doing?
by stewx 4y ago
What's stopping you from asking them to sign an NDA before disclosing any details of what you are doing?
- Swenrekcah 4y agoHow are you going to know they betrayed you? If you know, how are you going to prove it? If you can prove it, how are you going to litigate it? NDAs only real usefulness is for big players to legally bribe and contain small fry.
- tofuahdude 4y agoThey literally won't sign an NDA, especially at that early of a stage.
- stewx 4y agoWhy not?
- pirate787 4y agoBecause your ideas might not be unique at all but signing an NDA will expose them to litigation if they launch or fund a competitor.
- throwaway98797 4y agocause that’s the way the world works
- miladmalek 4y agoAsking for an NDA from an early stage VC is likely to actively hurt as it can make you seem inexperienced in the realm of startups/venture capital. A decent amount has been written on this. Here's a couple examples, but there are others: http://www.paulgraham.com/start.html http://www.paulgraham.com/start.html https://feld.com/archives/2006/02/why-most-vcs-dont-sign-ndas/ https://feld.com/archives/2006/02/why-most-vcs-dont-sign-nda...