Joi Ito's Web: No-Shop Agreements:
Joi Ito's Web: No-Shop Agreements: "Basically, my point is that if you decide that you like each other and REALLY want to work together but that it will take a lot of work before the actual transaction happens, a no-shop allows both parties to focus on building the business. It's like an agreement that after two people are engaged, you both don't date anymore."
# Jun 5, 2003