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Victoria Silchenko Quotes

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Famous Victoria Silchenko Quotes

“The overall data shows that more than twice the money flows into venture capital from LPs than comes back to them in a given year. I wanted to hold onto something positive from this industry—after all, I’ve met a few brilliant people in it—but looking at the data, it’s hard, if not impossible. In a Freudian sense, it's worth remembering that sometimes a cigar is just a cigar—not everything has a deeper psychological meaning. VCs have made it look like magic, but the illusion disappears once you turn on the lights. At its core, venture capital isn’t as much a unique asset class as it is a troubled one. The industry survives by injecting more and more capital each year, while leaving the majority of limited partners stuck at the losing end of a pay-your-bid auction.”

“Simply put, we need plenty of risk capital flowing into the real economy—into real startups solving real problems. If we live in a world where small businesses—the true engines of the economy and job creation—are dying faster than they’re being born, it raises a critical question: What’s wrong with a financing system that’s supposed to provide the oxygen for new ventures? Do you hear me, derivatives traders?”

“I believe that in the 21st century, we need to redefine ownership, innovation, and capital—because if we don’t, we’ll soon wake up in a modern-day feudal society. And no, I’m not kidding. In the vast majority of countries, an average citizen can’t invest in a privately-held company—yet private equity, including direct investments, now makes up the largest share of family office portfolios, serving exclusively high-net-worth individuals.”

“The saddest reality is that 30% of the clothes produced worldwide today are never sold. Now add to that the fact that up to 50% of food produced is never eaten—it simply gets thrown away. This should make you pause and reflect on one of the most disturbing examples of massive market inefficiency happening across every wealthy country—from the United States to Sweden (the home of H&M).”

“How on Earth was Uber, with its reported $10 billion loss from operations since 2016, and other gigantic creatures of the Internet Economy, able to flip the tedious “viability-profitability-expansion” route into an entirely new direction—“viability-expansion (maybe) profitability”? Elementary—by ensuring consistent financing or, simply put, by having access to capital on the fly and turning their business models into platforms instead of building traditional pipes, so that acquiring new businesses is not a question—it is the answer.”