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I think some of the things you learn as you get more business experience include:

* That you have almost no ability to enforce contracts as an early-stage business, because lawsuits are too expensive.

* That actual lawsuits take years to resolve, usually longer than the expected lifetime of your company.

* That it is very easy to strangle business opportunities by letting them get tied up in legal negotiations.

* That in the end, there is usually a lot less value in the information you're trying to protect than you think there is.



There's a false sense of security with contracts in general. A lot of people tend to think that because it is written, they are safe. Forget about it, you still have to sue! Entrepreneurs are supposed risk-takers and not signing a NDA is a risk they should take.


Entrepreneurs are supposed risk-takers and not signing a NDA is a risk they should take.

This statement is too broad to be useful. While entrepreneurs should be comfortable assessing and managing risk, it's invalid to say that entrepreneur = risk-taker, therefore they should take risk X. There are situations in which NDAs are useful to entrepreneurs and the risk of ignoring them doesn't prove your entrepreneurship, just your ignorance.




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