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More and more startups are facing this reality right now, and it’s not ok to simply run your company off a cliff, hoping a term sheet or an acquisition will magically save you.
Today, we’re talking about if you should ask investors to sign an NDA before sharing your idea? The answer is: Absolutely not.
While many entrepreneurs are hearing the classic “let me know how I can be helpful” from investors during these times, the reality is investors can absolutely help, beyond the obvious of investing more cash.
A lot of founders ask about how they can protect an idea they have for a startup, usually through a patent or similar.