• October 2018
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Should I sign a nondisclosure for presentation of a startup idea?

  1. Don’t sign an NDA for presenting a startup idea.
  2. The term for how long a particular NDA is enforceable is typically written as a separate clause in an NDA.
  3. If you are not sure what different clauses (like a non-competition clause) mean, and how they affect your ability of working in the same industry as the party, take the NDA to an experienced startup lawyer.
    1. Check out my company’s platform, LawTrades which is an SMS based “app” that gives you on-demand access to a number of pre-screened, affordable, highly experienced (10 years on average) attorneys to advise you on NDAs and what your options are when given one to sign.

Also, see my Quora answer here for an explanation of bilateral vs. unilateral NDA’s. Hope this helps you! Feel free to reach out if you have any questions about NDAs.

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