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Business How to Start a Business (old) Forming Your Company Intellectual Property

Posted by Carlo DiCelico
Carlo DiCelico
Courses Plus Student 4,508 Points

NDAs

NDAs are, for all practical intents and purposes, unenforceable. They're also super easy to evade.

1 Answer

Rohit Sharma
Rohit Sharma
500 Points
Rohit Sharma
Rohit Sharma
500 Points

Business is mostly driven by relationships not legal documents. Is relationship is non-existent or goes south, NDA can't save you.

NDA is only useful for

  1. saving you from outright fraud and negligence.
  2. finding serious partners, customers and business associates.

If someone listens to you and seems interested, ask'em to sign NDA. Time it takes to sign NDA is inversely proportional to their need and seriousness.