The $27 million SaaS NDA
A startup shared its trade secrets with a prospect that walked away and built a copycat. The NDA is what turned that into a $27 million judgment. Here is what to take from it.
A startup shared its trade secrets with a prospect that walked away and built a copycat. The NDA is what turned that into a $27 million judgment. Here is what to take from it.
Short answer: when an employee leaves for a competitor, your ability to stop them from using what they know comes down almost entirely to what you did beforehand: marking and restricting your confidential information, running exit interviews, and using confidentiality agreements. Starwood v. Hilton shows the payoff of protecting trade
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