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Re:VCs Are Not Your Friends by dy on Thursday February 03, 2011 @11:05AM (#2175203)
I think John Rockefeller said it best: "I'd rather turn my business associates my friends than my friends into business associates."
Re:VCs Are Not Your Friends by gruseom on Thursday February 03, 2011 @12:16PM (#2175533)
Not to be glib, but did Rockefeller have many friends? I'd bet he didn't say this.
Re:VCs Are Not Your Friends by dy on Thursday February 03, 2011 @01:01PM (#2175786)
Real quote: "A friendship founded on business is a good deal better than a business founded on friendship."

src: http://www.woopidoo.com/business_quotes/authors/john-rockefe...

Re:VCs Are Not Your Friends by gruseom on Thursday February 03, 2011 @02:32PM (#2176364)
Doubtful. The internet is chock full of these cuckoo quote sites. If Google doesn't yield a primary source, it's almost certainly fake. This is one area where absence of evidence really is evidence of absence.

Edit: not a criticism of the quote itself. These things wouldn't get misattributed if they weren't worth repeating. But they wouldn't get repeated if they weren't misattributed, either; it's a kind of cultural appeal to authority.

Re:VCs Are Not Your Friends by kens on Thursday February 03, 2011 @06:58PM (#2177613)
The quote is from Rockefeller quoting his business partner Flagler. For a primary source, see "Random reminiscences of men and events" by JD Rockefeller, 1913.

Google Books is great for verifying this sort of quote: http://books.google.com/books?id=IHnZAAAAMAAJ&dq=A%20fri...

Re:VCs Are Not Your Friends by gruseom on Thursday February 03, 2011 @10:51PM (#2178272)
Good catch!