When do you need a nondisclosure agreement?

I wrote a blog post for Tech Cocktail called 5 Reasons You May Need an NDA. I hope you’ll click on over and give it a read.

Here are the 5 reasons I came up with. Can you think of others?:

1. Your discussions turn from “what” to “how.”
2. You are dealing with someone other than an investor.
3. You have made substantial investment in your innovation.
4. You will be sharing documents or data.
5. You want to save on legal fees.

Leave your comments below. I know there are many other reasons — pro and con — concerning NDAs.