Photo Credit: Philippe Moreau
It may seem like it is a great honor to be asked to sign a non-disclosure agreement, or NDA. By presenting you with an NDA to sign, someone apparently believes that they have some very valuable, even secret information that they actually want to show you. They also think that you are so dangerous and/or clever that they couldn’t possibly show you this secret information without first obtaining your written agreement to not use or disclose it to anyone.
Often the signing of an NDA is the first step in buying or selling a website business — in fact, on Flippa, many high-end website listings are protected by an NDA. If you are a prospective buyer, you may want to find out about the seller’s traffic, revenue, customers, and other non-public information that would normally be considered private and confidential. If the seller is prepared to share this information with you in the hopes of ultimately selling you their website, the seller may present you with a NDA to sign.
