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Quote by Ben Thompson

“At a basic level venture capitalists are arbitrageurs: they have access to more information than those with the capital, and access to more capital than those with information, and they profit by exploiting the mismatch.”

Quote by Ben Thompson

Author

Ben Thompson
Ben Thompson

Ben Thompson was a renowned American lawyer and lawman, born on November 2, 1843, and died on March 11, 1884. He played a significant role in law enforcement in the American West, known for his fair and steadfast enforcement spirit. more

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“Generally speaking, experience counts for something. So you'd expect entrepreneurs who've been through the ups and downs of a tech startup to have an advantage over the newcomers. Or at least have an equal chance at success. But in fact the opposite may be true. A number of venture capitalists I've spoken with have said that too many "old guard" entrepreneurs are not being bold enough in their business decisions, and it's hurting their startups.”