The World Motivation
A bubble in early-stage funding means maybe there's $300 million at work when maybe there should be $150, as opposed to a bubble in late-stage funding which means there's $20 billion at work when there should be $3.
“A bubble in early-stage funding means maybe there's $300 million at work when maybe there should be $150, as opposed to a bubble in late-stage funding which means there's $20 billion at work when there should be $3.”
— Dave McClure · Billion
A bubble in early-stage funding means maybe there's $300 million at work when maybe there should be $150, as opposed to a bubble in late-stage funding which means there's $20 billion at work when there should be $3.
My personal failures aside, 500 has long supported a diverse community of entrepreneurs including women, minorities, LGTBQ, international, and other overlooked founders.
There's this myopia among American venture capitalists to not go anywhere beyond Silicon Valley and New York.
We are trying to build large, lasting businesses.
Entrepreneurship is usually about people executing in the face of other folks telling them that it's not going to work.
If somebody told me you'd be a one and a half billion dollar company and be the largest in the world, I wouldn't have believed it myself.
Why do investors seem to care about 'billion dollar exits?' Historically, top venture funds have driven returns from their ownership in just a few companies in a given fund of many companies.
The most disappointing thing this week is that Mitt Romney picked Paul Ryan, because he was the intellectual leader of the Republican Party. Because Paul Ryan decided to join Mitt Romney's ticket, he is completely reversed himself on some of the issues he has been very strong on, like the $716 billion in savings that are in two of his budgets.
If two billion people wanted to watch a robot fly by Pluto, imagine what it will be like when the first humans step on Mars. It'll be the most unifying event anybody could ever put on.