Quotessence
Home / Quotes / Quote by Mitta Xinindlu

Quote by Mitta Xinindlu

Author

Mitta Xinindlu

Browse famous quotes and profile details for Mitta Xinindlu. more

You May Also Like

“Why did they insulate us from criticism? Why didn't they load us up with useful tools? Why didn't they teach us to satisfy an audience? I realized I had been scammed. They wanted us to feel as good as possible for as long as possible in order to get as much money out of us as they could. The way to do that was to assure us we were already geniuses.”

MoneyAudienceGeniusToolsCriticismFeel GoodScamSatisfyInsulate
Book:The Secrets of Story: Innovative Tools for Perfecting Your Fiction and Captivating Readers
Create image

“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.”

EconomicsInnovationEntrepreneurshipEntrepreneurship QuotesStartupInnovation QuotesVenture CapitalStartup Quotes
Book:Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
Create image