3 ms·
I wonder what role an NDA played. Any ideas? I know in startup-land NDAs are non-existent, but in my past life as a product manager for a medium sized company,
by abbasmehdi 14y ago
I wonder what role an NDA played. Any ideas? I know in startup-land NDAs are non-existent, but in my past life as a product manager for a medium sized company, the biz dev guys would always have an NDA signed before letting the company get too close with a new partner. Maybe new-world startups should have NDAs when working with old-world big cos (where NDAs are common and prevalent, and maybe even respected)? No idea here, just hoping to hear some enlightened thoughts.
Edit: clarity.
- SoftwareMaven 14y agoThe article mentions they did have an NDA, which is undoubtably what ultimately allowed them to prevail. Requiring an NDA for every silly detail of your startup is self-limiting. Giving out critical, "special-sauce" details without proper legal backing is corporate suicide.
- mcherm 14y agoAlso, offering an NDA before working with a person can be a difficult issue and can slow things down; presenting one before working with a large corporation is simply standard practice (if you have a reasonable NDA) and will not affect the relationship at all.
- josephlord 14y agoMany big companies won't sign 'your' NDA but they will have their own one that is probably reasonable (although check it, and get it checked by a lawyer if you are disclosing anything really stealable). That can cause deadlock when bit companies need to talk to each other...