NDA

“The newsletters was actually very, very helpful because I think we did like two newsletter blasts, which actually led to most of the, like, you know, NDAs like that came in. And then, so, you know, after each newsletter blast, we would have like a, like an inf…”

“If you're doing anything in startups and venture and you start asking for people to sign NDAs, it's like a very negative signal.”

“I think he knows that you're not supposed to ask for an NDA before you pitch somebody something. At least in the venture world. Cause at this point it's like, you know, you asked for an NDA and then what if we already had that idea? And then it becomes this so…”

“The thing about startups is the reason that it's so bearish when a founder says to you, oh, can you sign my NDA before you look at my deck is because as a founder for 99.9% of businesses, you should be able to tell somebody your exact plan step by step, every …”

“It is the most negative signal when you talk to a founder, and they're, like, cagey about their idea, or they're like, oh, like, I mean, I still, like, maybe three times a year will take a meeting with a company, and they try to get me to sign an NDA, and I'm …”

“I do think this is gonna be a pendulum swing thing, though, and eventually there's gonna be the Chad founder who forces everyone to sign NDAs and makes it very embarrassing to the firms and degrades them, and it becomes a status symbol.”

“What happened in the 19 nineties was that because the government's Where coalition governments, they were not strong governments, so they could probably experiment with many economic reforms, but from the 2000 onwards governments have been, 10 year duration. Y…”

“I think we got close to, like, 60 or 70 NDAs, if I'm not mistaken. It was definitely in that range.”

“Every investor that we've ever trained, we've said never sign an NDA because you have no idea what you're limiting yourself to, and that will preclude you from being able to look at anything else in the future.”

“The workaround is like, if we're doing something like software and the secret sauce is really in the algorithms, then we're probably as an investor group, we're going to contract with an outside third party that the entrepreneur agrees with that's not investin…”

“The former sorts of NDAs, sort of the business opportunity ones, Tend to be pretty enforceable for a pretty long time. The latter tend to be enforceable for a limited period of time. Usually that period of time is on the order of a couple of years, and usually…”

“And so a lot of people don't want to sign the NDAs because they don't want to get sued for something that is actually not a violation, but looks like a violation from the outside. Not because they're concerned they're going to lose the lawsuit because it's exp…”

“I mean, NDAs, non-disclosure agreements are great, but they're very hard to defend in court. Whereas a patent is an absolute right, and it can be super helpful, especially when dealing with a bigger competitor.”

“Yeah, an NDA is gonna be a good, Proxy for interest. Cause acquirers don't like signing NDAs because it exposes them to liability. So if you've got a tire kicker, someone is just sniffing around your company to get competitive information. They're unlikely to …”