Most VCs won't sign non-disclosure agreements (NDAs), and for good reason. VCs review so many potential companies and technologies that if everyone required an NDA, the VC will eventually be prohibited from saying anything. How can anyone remember what s/he can/cannot say based on NDAs signed over the course of a number of years? How can anyone keep track?
Each NDA is like a strand in an enormous spider web. Sign one or two, and you can still cut through it. Sign dozens of them, and you're stuck, just like Frodo in Shelob's lair...
I don't have a good method for solving this problem. I'm all for respecting the spirit of an NDA, and I will generally sign one if asked, but am I serving my clients fully by holding back information that may/may not be covered in an NDA I signed a year ago? Two years ago?
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