Comments on: Private Means Private or How To Avoid Dropping Trou

By: ConTraps Part I: Contract Traps Entrepreneurs Should Avoid At All Costs

ConTraps Part I: Contract Traps Entrepreneurs Should Avoid At All Costs — Fri, 20 May 2011 17:46:26 +0000

[...] have to give away your time or technology in order to entice BCDs to partner with you. As noted in Private Means Private, in order to ensure a healthy partnership, avoid becoming the BDC’s Corporate [...]

By: ConTraps Part II – Contract Traps Entrepreneurs Should Avoid At All Costs

ConTraps Part II – Contract Traps Entrepreneurs Should Avoid At All Costs — Mon, 09 May 2011 19:24:07 +0000

[...] As noted in part I of this series, if you allow the BDC to prepare the initial draft of the agreement, it will likely be fraught with one-sided language that you will be forced to negotiate and thus needlessly spend your negotiation capital to simply return to a reasonable starting position. If the BDC demands the inclusion of one-sided terms, either reject them out-of-hand or accept them in bi-lateral form. If you accept unilateral terms, you risk becoming a Corporate Beyotch. [...]

By: RIP RFP | infoChachkie

RIP RFP | infoChachkie — Tue, 05 May 2009 21:20:46 +0000

[...] described in Private Means Private, it is important to understand the reasons underlying a BDC’s request before you commit your [...]

By: Corporate Venturing | infoChachkie

Corporate Venturing | infoChachkie — Tue, 16 Dec 2008 19:00:40 +0000

[...] should be withheld until all other aspects of due diligence have been completed. As noted in Private Means Private, do not be hesitant to say “No” to requests that seem too premature. This is a great way to [...]

By: Da Man

Da Man — Thu, 30 Aug 2007 16:44:39 +0000

Amen brother, amen. Too many times small companies feel they have to bend over backwards and give away their crown jewels in order to get a big company’s attention. I love the ‘avoid dropping trou’ analogy, as it is so true.