I explain why many investors choose not to sign NDAs when they're hearing a pitch/helping a startup. But, of course, there are many instances where it absolutely does make sense; this is just one particular situation where it really does not. I hope this helps. Sorry for the longer video today – had to fit in some more info than usual!
This is not legal advice, but if you need legal advice, contact me at [email protected].
Chapters:
00:00 Intro
00:32 What are NDAs?
01:05 Why I don't sign most NDAs
01:09 Reason 1: Onesided
01:39 Reason 2: Liability
02:50 Reason 3: Fiduciary responsibilities
03:24 Reason 4: Enforceability
03:53 Final Reason: My reputation
04:07 When it makes more sense
Thanks for watching and don't forget that it's one life – so live it right.