On NDAs and Confidentiality

One of the most nerve-racking things for entrepreneurs is when they need to “open the kimono” and show their strategies, products, plans and financial projections to VCs. This is especially true since many entrepreneurs know that the world of VC is very tight-knit and most VC’s know each other. Occasionally I’ll get somebody who asks me to sign an NDA (non disclosure agreement) and I have to tell them, “VC’s don’t sign NDAs.”

 

(Full Post: http://www.bothsidesofthetable.com/2009/07/26/on-ndas-and-confidentiality/


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Mark Suster 

Mark Suster is a 2x entrepreneur and an investor. He joined Upfront Ventures in 2007 as a General Partner after selling his company Koral to Salesforce.com. He focuses on early-stage technology companies.

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Filed Under:
Collection: Funding
Category: Pitch Style, Tools & Issues