Joi Ito on No Shop Agreements: “[I]f you decide that you like each other and REALLY want to work together but that it will take a lot of work before the actual transaction happens, a no-shop allows both parties to focus on building the business.”
John Ludwig: “I don't think I've ever heard anyone at our firm telling a startup to spend more, faster.”
Zimran Ahmed: “...those ‘sure things’ that Joel mentions exist more often in the mind of the entrepreneur than in reality.”
Eric Sink : “... most VC firms don't have much to offer people who want to build solid, long-lived companies.”
You’re reading Joel on Software, stuffed with years and years of completely raving mad articles about software development, managing software teams, designing user interfaces, running successful software companies, and rubber duckies.