Nick D'Aloisio Quotes

Little startups are ridiculously overfunded.

One thing I'd like to do is angel investing in small companies. That's what's exciting, and if you are lucky to have a bit of money, you can take those risks.

I've been an entrepreneur since I was 18. I started a company with a bunch of buddies that got funded in my senior year, and that's when I finished school. It was called Scour, a peer-to-peer service, file-sharing.

Nominally, I stated a company. Practically, it's a venture capital firm that allows me to be an investor in early stage companies.

Learn to raise capital by any means necessary. That's your primary job as an entrepreneur. You must continually raise capital from family and friends, banks, suppliers, customers and investors.

I have seen entrepreneurs ask for hundreds of millions of dollars on a concept and try to sell because of 'their passion' for an idea. If the idea is that good, why wouldn't I cut you out and hire someone who is just as passionate for much, much less?

In 2000, just before the first dot-com bubble burst, it cost a whopping $5 million to launch a tech startup.

The point of an accelerator is to teach you about companies and business, not about technology.

I think 'Something Ventured' is a nice piece because it celebrates venture capital in a unique and powerful way.

If you're a teenager in Palo Alto launching an app, you know from the outset how you plan to finance your business.

One of my goals is that, at a dinner party some time in the future, someone will say, 'Oh, my nephew is starting a ready-to-wear brand', and 20 people will turn around and say, 'Is he? Can we invest?' in the same way that, now, if you were to say, 'My nephew is starting a mobile app,' everyone would say, 'Oh, smashing! Can I invest?'

Ask any venture capitalist, and they will tell you that they consider the experience and completeness of the founding team to be a more important factor in their investment decision than the technology that is being built.

As of 2011, it cost about $5,000 to launch a tech startup.

I don't think a lot of people have been entrepreneurial about venture capital.

One of the most important tools we have at the Small Business Administration (SBA) to reach high growth entrepreneurs is the Small Business Investment Company (SBIC) program.

There are many successful startup funders who are looking for ways to make a difference in the world.

Good companies are always fundraising. Whether you're meeting people or considering firms, you're always fundraising.

I started angel investing because I like hanging out with entrepreneurs.

SpaceX is very unusual. I don't know of any other startup where the founder put in $100 million of his own money before looking for any outside capital. They have wildly exceeded any reasonable expectations.

Startups are constantly raising money, sometimes before they have even hired a lawyer.

I would say raising capital is one of the weakest things for most entrepreneurs.

'Shark Tank' is fun, but it's all business. We use our own money, and the competition between the sharks is fierce. More importantly, it's an opportunity to invest in businesses that are being watched and considered by millions of people every time it's shown.

When I graduate, I will either run a division of a company... or I'll get funding for my own company.

In summer of 2008, I meet a guy named Michael Seibel. And Michael Seibel says, 'There are these people called angels, and they'll give you money.' The first thing I thought is, 'I can't believe this guy believes in angels.' That's how naive I was.

Before Blockchain Capital, I was cranking out startups like an incubator.