It’s funny but it makes sense. Silicon Valley / tech is about execution. If you think an idea is more important than execution you don’t understand the business. Wall Street / finance is about allocating resources efficiently. The idea is everything. Executing the trade is easy.
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I just keep a mutual NDA ready for people who think its necessary. I'll behave the exact same way with or without it, so if you need the formality then be my guest. On my street (consulting), cheap heuristics that encourage condescension are what makes you a chump.
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What does it mean if a Silicon Valley fintech funded by Wall Street asks for one?
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In the Midwest, it’s just handshakes.
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Richard Crandall simply looked at me once and said: “Give me your word you won’t talk about what you are about to see”. I was good with that.
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And yet both cultures claim to be the more aggressive ones
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