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by awinter-py
4117 days ago
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Try and trade a verbal promise to be respectful of the sensitive information in exchange for a hint. A little more information can help you to turn this down with 0 regrets. Also, bear in mind that large companies (not naming any names) will use NDAs for sharing future plans outside the firm. If they need to reveal a product launch to retain an important client, boom, client signs an NDA. So one likely read of this situation is that your investor has an inside track on partnering with a big web company on a feature launch. You'll be the flagship app on IBM Watson for long-haul trucking (or whatever). Try and tack on clauses (1) limiting the term to 6 months, (2) preventing the NDA from encroaching on your documented existing plans for market growth (minor modification to clause 6). I'm not a lawyer, this isn't legal advice. |
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