“There's no substitute for experiencing ups and downs - seeing how it's...” — Joe Lonsdale Quote

There's no substitute for experiencing ups and downs - seeing how it's okay that things are overwhelming or broken sometimes and how companies recover from mistakes.

The reason we have so much talent in Silicon Valley building and investing in for-profit technology companies is that markets richly reward successful ideas, no matter who invents them. But to remain competitive in a free market, companies must exercise discipline to meet quantitative goals and eventually become cashflow positive.

Innovative cultures transparently document spending, admit mistakes, and ask how they can do better.

In a well-run tech company, small, elite groups who have ownership in the company are given the freedom to define and achieve their tasks in line with a broader mission that they have internalized as their own.

There's many ups and downs in the fight game.

I grew up in Ditchling. It was an idyllic village at the foot of the South Downs. In those days, the village was full of artists and sculptors.

I feel like every person who's in a long-term relationship, or who is committed to their person, goes through ups and downs.

The ups and downs are part of what has made you.

It is just the start of your professional career and you have to handle it properly and realise that it is not always like that. There will be ups and downs. It is important that you keep humble, keep working hard and see it as the first step on a long journey.