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Quote by Victoria Silchenko

“Now, if you live in the U.S., keep in mind that the average annual interest rate for a credit card ranges between 15-19%—while store credit cards and banks like Wells Fargo charge 25% or more. This means you’d have to generate returns comparable to the best-performing family offices—entities run by some of the most highly educated investment professionals in the world, whose full-time job is managing wealth. So, next time a VC thoughtfully suggests you bootstrap your business with a credit card, tell him to take a hike.”

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

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

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Victoria Silchenko

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“Today. We. Have. Everything. You see, we now live in an age where markets—especially those with high purchasing power—are overserved to the point of absurdity. Let’s start with the fact that we now have over 4 million apps for just about everything—from monitoring your health and tracking your pet’s habits to making harmonica sounds with an iPhone in your mouth or using the chat app Yo—which exists solely to send your friends the word "Yo." The latter, by the way, managed to raise $1 million in seed funding.”

Inspirational Innovation Entrepreneurship Entrepreneurship Quotes Venture Capital

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

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

“The saddest reality is that 30% of the clothes produced worldwide today are never sold. Now add to that the fact that up to 50% of food produced is never eaten—it simply gets thrown away. This should make you pause and reflect on one of the most disturbing examples of massive market inefficiency happening across every wealthy country—from the United States to Sweden (the home of H&M).”

Economics Entrepreneurship Entrepreneurship Quotes Startup Innovation Quotes Venture Capital

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

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

Venture Capital

Author:Venmo Help Center And Support | Venmo

“Yes, Venmo help desk number 【+”

Venture Capital

Author:Venmo Customer®USA Contact Numbers-A Full Detailed Guide

“We need to start to talk about money in ways that dethrone it and make it subject to human ethics and standards of love and decency.”

Investing Venture Capital Impact Investing

Book:The Clean Money Revolution: Reinventing Power, Purpose, and Capitalism

Source: The Clean Money Revolution: Reinventing Power, Purpose, and Capitalism

“Each year about 600,000 start-ups are launched. Less than 0.5 percent attract VC. Of Inc. magazine's annual list of the 500 fastest growing companies in the United States assessed over a decade (1997–2007), less than 20 percent of companies were venture backed” - “62.4 percent of VC investments were completely lost while 3.1 percent of the investments accounted for 53 percent of the profits for roughly 600 investments”

Entrepreneurship Startups Venture Capital

Book:The Business of Venture Capital: Insights from Leading Practitioners on the Art of Raising a Fund, Deal Structuring, Value Creation, and Exit Strategies

Source: The Business of Venture Capital: Insights from Leading Practitioners on the Art of Raising a Fund, Deal Structuring, Value Creation, and Exit Strategies

“Don't strive to understand When there is no meaning. Leave yourself Happy and blind In the unborn light... Some day, when silence is complete We'll be hiding in the eye of time Behind the memory, Then we start all over.”

Love Light Spiritual Spirituality Philosophical Awakening Poetry Quotes Contemporary Poetry

Book:The Void That Reflects Your Beauty

Source: The Void That Reflects Your Beauty

“It is best to be the CEO; it is satisfactory to be an early employee, maybe the fifth or sixth or perhaps the tenth. Alternately, one may become an engineer devising precious algorithms in the cloisters of Google and its like. Otherwise, one becomes a mere employee. A coder of websites at Facebook is no one in particular. A manager at Microsoft is no one. A person (think woman) working in customer relations is a particular type of no one, banished to the bottom, as always, for having spoken directly to a non-technical human being. All these and others are ways for strivers to fall by the wayside — as the startup culture sees it — while their betters race ahead of them. Those left behind may see themselves as ordinary, even failures.”

Technology Startups Silicon Valley Venture Capital Software Development Strivers

Book:Life in Code: A Personal History of Technology

Source: Life in Code: A Personal History of Technology

“While we might expect to see venture capital develop further in an increasingly intangible economy, it is not clear that governments can or should do much more to promote it than they already do. As Josh Lerner showed in The Boulevard of Broken Dreams (2012), once tax breaks or subsidies for venture capital get beyond a certain level, they tend to encourage dumb investments (since the tax gain on its own is enough for the investors to profit); since the entire point of venture capital is smart investment, very large tax breaks are self-defeating. For a country to grow its venture capital sector, time and favorable framework conditions are more important than additional subsidies.”

Public Policy Venture Capital Intangible Economy

Book:Capitalism without Capital: The Rise of the Intangible Economy

Source: Capitalism without Capital: The Rise of the Intangible Economy