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This is good advice.

There are a couple of things I'd add. If you're more than just a couple of founders, ensure you have a watertight no-solicitation agreement, in addition to an NDA. More than information, employees who know the domain are valuable to the competitor.

Finally, the one overriding thing to keep in mind for all offers -- dont let it be a time or energy sink. Its easy to fall into that trap, if the first couple of conversations are productive.



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