What you should know about nondisclosure agreements

09/24/2013 | Entrepreneur online

Before you launch your business, make sure you aren't bound by a nondisclosure agreement that could derail your idea, experts recommend. Also, think twice before asking investors to sign a nondisclosure agreement. "It is my experience that too many startups, especially first-timers, are overly paranoid and too quick to pull out an NDA," said Bob Cooper, chief marketing officer at Zonoff. "This turns off savvy investors."

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