“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.”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“In the same way that every company today is a technology company, every company of tomorrow will be a space company.”
Source: The Space Economy: Capitalize on the Greatest Business Opportunity of Our Lifetime
“We're losing money for every unit but we'll make it up by volume.”
“Nepalese culture is traditional because most individuals prefer to spend their money on land, gold and silver savings, building structures, and consuming luxury products rather than investing in new ventures or starting their businesses.”
Source: Why Nepal Fails
“If it takes $300bn to end world hunger,
and 7 trillion to fund the next AI wonder,
how many people have to starve to death,
to feed the appetite of the cyberworld?”
Source: Visvavatan: 100 Demilitarization Sonnets
“Too many founders run out of capital trying to perfect their product.”
Source: The 6 Startup Stages: How Non-technical Founders Create Scalable, Profitable Companies
“The successful CEOs I have seen are ones that never give up. Even when I am telling them 'you really need to consider giving up'.”
Source: The 6 Startup Stages: How Non-technical Founders Create Scalable, Profitable Companies
“I see many startup founders chasing 'AI pipe dreams'. I encourage them to focus on solving real customer problems and not trying to impress investors by showing AI on their pitch deck.”
Source: The 6 Startup Stages: How Non-technical Founders Create Scalable, Profitable Companies
“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.”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“The world cries out for impactful ideas and ventures, and alas, most such ideas are not viable for the majority of financiers, who focus on investment returns rather than social impact—impact that aligns with the well-being of individuals and families. Ironically, that is simply rational behavior on their part. But you know this, right?”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain