Joel Spolsky Software developer and popular blogger JOEL SPOLSKY shares a few venture capital truisms that every founder would do well to hear.

About the author:
Joel Spolsky is a developer in New York City who has worked at Microsoft, Viacom, and Juno Online Services. He now has his own company, Fog Creek Software, which makes CityDesk, an online publishing system. They also make FogBUGZ, a web-based product for software project management and bug tracking.

BLOG: Joel on Software (http://www.joelonsoftware.com)

COMPANY: Fog Creek Software (http://www.fogcreek.com)