Erik Prince Quotes

It is intellectually dishonest to lump venture investors with hedge fund and buy-out investors.

Understand that VCs are simply a sophisticated form of financial investors who, in turn, need to satisfy their own investors.

I had done six or eight traditional angel investments and basically just thought it sucked.

There are lots of ways to make money in venture capital, and there are even more ways to be mediocre. The industry has too much money and too many smart people chasing too few great entrepreneurs.

Empowering innovations require long-term investments, which tie up capital for years and years. So companies are using capital to create more capital, and consequently, the world is awash in capital, but the innovations we need to advance aren't there.

I'm invested in about 13 private companies. I've advised probably another 50 private companies.

Getting more and more of our news from the social network is having significant repercussions for markets - and your money.

We like to be the largest outside investor, and the first outside investor.

Investors are always biased to invest in things they themselves understand. So venture capitalists like Uber because they like driving in black town cars. They don't like Airbnb because they like staying in five-star hotels, not sleeping on people's couches.

Private equity has been the purview of super wealthy individuals and institutions.

There's never been a good period of venture capital when prices weren't high.

Little startups are ridiculously overfunded.

When you watch 'Shark Tank,' everything is about off-shore this, off-shore that.

Venture capital is unscalable. Production equals the time each partner has.

I have confidence in mining. I see exciting opportunities in it.

I am a partner at CrunchFund, a venture capital firm with investments in many startups around the world. I am also a limited partner in many other venture funds which have their own startup investments.

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.

Finance is critical. If sufficient investment is made in infrastructure and venture capital is made available, there will be a big improvement in the situation.

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

Most of the money I make now comes from investments from CrunchFund. And the vast majority of that is what's called carried interest.

When I see people laughing at ideas and companies we have backed, I smile. It means we are going to make a lot of money on that investment.

Venture capitalists are professional money managers. We are provided capital to invest as long as we can return it to our investors with a strong return in a reasonable amount of time. A strong return is three times cash on cash. A reasonable amount of time is ten years max.

There is a difference between being a venture capitalist and a vulture capitalist

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

A gold mine is a hole in the ground with a liar at the bottom.