Arthur Rock Quotes

Not having sub-governance would be like anyone who owns USD being able to walk into a Google shareholder meeting and voting without owning Google stock just because Google shares happen to be denominated in USD.

So I decided to form a production company with my wife and our partner Diane.

Over these years, I have irrevocably transferred a significant part of the shareholding in Wipro, amounting to 39% of the shares of Wipro, to a trust.

The first thing I ever invested in was Twitter. Blaine Cook, former CTO, was leaving the company and asked me if I wanted to buy his stock.

As a part owner, I'm going to be not only an admirer... but a nervous wreck.

I have incorporated a company of which I am President which will be known as Cody Military College International Academy of Rough Riders

I have never applied for a share in Tehelka.

The banks don't have anything - no rights whatsoever. The banks are shareholders of SLEC, and SLEC has no rights. I am the CEO of Formula One Management and Formula One Administration, which runs the business in F1. From this point of view, I own F1.

I took IMAX public back in the early '90s.

When companies fail, shareholders bear the losses. It's just the way our system is supposed to work.

We all get into business, and we take a risk in terms of putting capital.

Arcadia was a typical venture capital deal, but I'm the adventurer and the capitalist.

Lots of entrepreneurs don't want to be hassled by a board of directors early on. The entrepreneurs want to control the company, don't want to be responsible to a board, or don't want to waste time communicating with board members. This is a classic error of thinking about the early stage board incorrectly.

Companies that are publicly held have a fiduciary duty to their shareholders to try to maximize their profits within ethical reasons.

Mitt Romney understands free enterprise, he has worked in it. He has seen companies succeed and he has seen them fail, too. He knows what people think about when they invest their money.

No one person controls Microsoft. The board and the shareholders decide whether they want to have me as CEO.

Our laws demand that a corporation have a fiduciary responsibility with shareholders to maximize profits. They are legally required to make as much money as possible, any way possible within 'the law.'

I would be lying if I didn't admit sadness that our wonderful airline is merging with another. Because I'm not American, the U.S. Department of Transportation stipulated I take some of my shares in Virgin America as non-voting shares, reducing my influence over any takeover. So there was sadly nothing I could do to stop it.

To a large extent, equity investors put their hard-earned capital into the hands of management and count on it being employed skilfully and honestly. When that doesn't happen, losses typically follow.

I think everybody thinks they can have the next $100 million venue. I think there is a bit of arrogance in that.

Many people dream about being an entrepreneur, starting their own business, working for themselves, and living the good life. Very few, however, will actually take the plunge and put everything they've got into being their own boss.

For all founders, going public is a momentous milestone that has to be experienced to be fully understood. It is the culmination of years of hard work and personal sacrifice.

As a serial entrepreneur, angel investor and public company CEO, nothing irks me more than when a startup founder talks about wanting to cash in with an initial public offering.

Entrepreneurs love to view risk as binary. The more you put on the line, the greater the potential for reward.

When Facebook went public, they didn't have a particularly strong model of governance.