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Building and Understanding Data Businesses | Auren Hoffman | Media Empires
"World of DaaS"
Streamlining NDA Processes and Reducing Transaction Costs
The speaker believes that constantly signing NDAs for conversations is unnecessary and inconvenient. They propose the idea of an NDA network where companies can sign a base NDA and easily opt in with other companies when necessary. This would reduce the need for lawyers to get involved and minimize transaction costs. The speaker emphasizes the importance of reducing friction in legal processes to allow companies to focus more on innovation.
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