“ There’s a widely held belief that VCs don’t sign NDAs. I haven’t found that to be true. Imagine if a VC said to their LP, ‘We didn’t invest in Google because Larry and Sergey wanted an NDA and we declined out of firm policy.’ That wouldn’t fly. ”

Larry Cheng

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“ The hardest part of entrepreneurship is to develop the judgment to know when it’s time to change direction and when it’s time to stay the course. ”

Eric Ries

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“ The true entrepreneur is a doer, not a dreamer. ”

Nolan Bushnell

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“ I never ever say that a specific provision is ‘standard’. Nothing is standard. You either need it or you don’t. Explain why you need it and most of the time you’ll get it or something like it as long as both sides really want to make a deal. ”

Fred Wilson

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“ You can’t steal business processes, but you can steal ideas all day long. ”

Scott Kurnit

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“ The fastest way to burn money: Lawyers. ”

Jason Fried

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“ At a certain point, the entrepreneur’s spouse has to answer the question: Are you in or are you out? ”

Meg Cadoux Hirshberg

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“ In real estate the wisdom says ‘location, location, location.’ In consumer Internet, think ‘distribution, distribution, distribution.’ ”

Reid Hoffman

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“ Life is short. No recession warrants wasting precious time. ”

Danny Meyer

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“ If you’re in a business with network effects, you probably want to get big fast, and that means you want to get outside investment… and you also want to take a lot of risks. ”

Joel Spolsky

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