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Victoria Silchenko Quotes

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Famous Victoria Silchenko Quotes

“Here, I must say that some terminology in the language of finance is slightly misleading. Uber’s “loss” largely means heavy investments in other businesses and stock-based compensation stemming from the company's initial public offering. Unsurprisingly, Travis Kalanick, Uber’s co-founder, sold nearly $1 billion in company shares the moment Uber’s IPO lockup period (read: the timeframe when you can’t sell your shares) was over. Duh. When a company files for an IPO instead of bankruptcy, the IPO should be renamed a bailout—because modern business solutions require modern business jargon. #sarcasm”

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Book:Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
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“If you’re looking for inspiration from Uber’s notorious magic, consider how it took an existing product, used existing technology, and delivered it to existing markets. Yet, its business model remains hard to replicate—and that’s the real magic trick. As the old Silicon Valley saying goes: If you can’t creatively turn $1 into $10, why do you expect to turn $1 million into $10 million?”

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Book:Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
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“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.”

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Book:Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
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