Binary Asylum

Failing to plan is often seen as planning to fail. Start ups dont plan effectiely and end up in cyclic redevelopment of their core technologies.

There is a long-established bit of wisdom that says that ideas being exposed to 3rd parties by the creators should be covered by a non-disclosure agreement (NDA). The concept has existed for generations and in a dates to a pre-digital era. In the modern world of entrepreneurism and investing, is an NDA still a valid requirement? Why do many investors refuse to sign them and what are the implications?