Why VCs Don’t Sign NDAs
Brad Feld has a good post on why VCs don’t sign NDAs.
I have been in this business for 20 years and to my knowledge, I have never signed one.
Dave Jilk’s comment on Brad’s post is probably accurate as well:
- Separate from your reasons, I think the underlying reason VCs don’t
sign NDAs is that they don’t have to. They’re the ones with the
checkbooks — simple negotiating power instantiated as a standard
practice in the industry. ALL of us could claim your same reasons for
not wanting to sign NDAs — I don’t like to sign them — but I don’t
always have the negotiating power to say no.