Brad Feld Quotes

Our ultimate goal is to stay in business. We are not here with a specific plan. That's kind of how our entire career has evolved. We will figure things out as we go along.

What an entrepreneur does is to build for the long run. If the market is great, you get all of the resources you can. You build to it. But a good entrepreneur is always prepared to throttle back, put on the brakes, and if the world changes, adapt to the world.

We have never shied away from making investments. Even during downcycles, we never stopped our investments.

Good businesses will survive good times and bad times.

If there's one thing that's certain in business, it's uncertainty.

Good decisions can have bad short-term outcomes but be great for the business long-term.

I know I'm intellectually capable of finding a series of things and making hundreds of millions. I have to get there and do it. Carefully. Legally.

Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.

We recognize the need to adapt to a changing competitive environment.

Nobody has a crystal ball, and part of evolving a business plan is to say, 'I might have said we're going left, but I see the opportunity and we're going right.'

People come in with business plans and, I mean I know that no one is going to meet everything they say in a business plan but you got to have something to, to guide towards.

This is a business. Be smart. Choose wisely.

Nobody talks of entrepreneurship as survival, but that's exactly what it is and what nurtures creative thinking.

Markets don't allow you to hang about.

There can be few fields of human endeavor in which history counts for so little as in the world of finance.

When we raised the first Foundry Group fund in 2007, we took over 100 first meetings. We told our story several hundred times. As part of it was a slide called 'Strategy.' I still repeat the elements of that slide regularly, a decade later, as our core strategy has not changed.

The life of a business is not like a football team! We are not taking part in an Italy-France game or against Germany.

I think I've changed my business strategy every year since 2003. You have to be watching the horizon constantly. The rug has been pulled out from under our feet so many times.

Sometimes, the startup game works in your favor just because you got in at the right time and right environment. Other times, you're a little too late entering an already crowded space. But startups with strong fundamentals withstand external conditions and come out ahead in good or bad times.

I think we operate in a very dynamic marketplace, and as such, we need to constantly innovate.

I propose that matchmaking should be approached like a corporate business venture. It can be risky, but I have discovered that the potential profits from acquisitions and mergers cannot be underestimated.

I wanted to do a lot of things in wine, but I didn't know how to do it. So before I invested in anything, before I really put my dollars into it, I put my whole heart, soul, mind into it so that I really understand the severity of each outcome, the severity of success and the severity of failure.

The single biggest reason companies fail is they overinvest in what is, as opposed to what might be.

Entrepreneurship is a process, not a job or profession. So be faithful to the process and remember that even when times are bad, the process will give you a glimpse of the future that lies ahead.

The problem with most people who play the market is that they are not flexible.