Tobias Lutke Quotes

In every business I had ever started, even ones that had totally failed, I had kept good relations with the investors.

Workshops and seminars are basically financial speed dating for clueless people.

You can't manage Wall Street. Wall Street has its own viewpoints on everything. I have always believed, if you manage your business correctly, Wall Street will take care of itself.

Your team has to understand that coming into the ABA, you have to have your investments right and sponsorships and people ready to give you money so they can back you up.

We still spend more time chasing funds than we do in the studio in creative work.

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

All I'm trying to do is manage money and take care of my shareholders.

Our struggle is to identify the sources of revenue and the means to obtain the funds. Without funds, all the planning and research studies can't help us.

Managing university finances is very tricky business. We're nonprofits. We're not supposed to accumulate large surpluses.

Better have friends in the market-place than money in your coffer.

I'm used to always having struggles getting finances together and keeping precarious budgets alive in the independent film world.

If you don't have a VP Finance on your team reporting to you, do yourself, your team, and your investors a favor and go hire one right now.

The weirdest place someone has asked me for advice was at a party where there were a lot of A-list celebrities and super-wealthy people. There were people in the middle of mingling asking for investment advice, and I'm like, 'Hey, I'm just here to dance. I'm here to have fun!'

When fundraising, your network is critical. Leveraging it early and often is the key. Don't make the mistake of waiting until you need money to engage sources of capital.

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

Broke people giving financial advice is like a shop teacher with missing fingers.

Be you in what line of life you may, it will be amongst your misfortunes if you have not time properly to attend to [money management]; for. ... want of attention to pecuniary matters ... has impeded the progress of science and of genius itself.

I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That's really the wonderful thing about investments is your knowledge is cumulative.

Millionaires don't have astrologers, billionaires do.

If you are not financially independent by the time you are forty or fifty, it doesn't mean that you are living in the wrong country or at the wrong time. It simply means that you have the wrong plan.

Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.

The only people who become wealthy by being concerned with the future are insurance companies.

There are two kinds of investors, be thay large or small: those who don't know where the market is headed, and those who don't know that they don't know.

You don't build wealth with credit card rewards and airline miles. You can't beat the credit card companies at their own game.

Investment ideas, like women are often more exciting than punctual.