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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.”

“I am not saying that VCs are despicably evil (that would be investment bankers), but you would be better spending more time on building your business than building and polishing the pitch deck.”

“Yes, capital is the oxygen in the life of a startup. But then again, acquiring capital is not the purpose of your startup—just as breathing oxygen is not the purpose of human life. It’s almost comical how we chase investors, running around as if we’re in a game of musical chairs.”