NDAs and the fear of being ripped off

Even in my limited experience in startups and the film industry, I’ve come to realisation that the best way to pick out someone who doesn’t know what their doing is if they are too paranoid about someone stealing their ideas.

Everything I’ve been taught and have read myself about the film industry is that the studios are extremely conscious about intellectual rights and the danger of being sued. Stories of people being ripped off are actually extremely rare.

The same seems to go for startups. You are never going to get a VC to sign a NDA and you shouldn’t even demand it. They aren’t interested in your idea, they are interested in your execution. Here is an interview with a VC that discusses this topic along with some others.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: