Do you sign NDAs?

No. Signing an NDA provides too much risk to the investor, and truly, the disadvantages of an NDA outweigh the benefits to the company seeking funding.

It hurts the entrepreneur by preventing the investor from talking to others who know more about the space than he does. The type of advice and questions that need to be asked are the same pieces of information that fall restricted under the NDA. So there are few advantages, and a great disadvantage for the company when an investor is unable to talk about the company due to a signed NDA.

Main | What is the process to get an investment at Draper Triangle? »