Craig Newmark Quotes

During the 2000 bubble, many companies rushed to go public before they had any revenue.

When the internet came up, scores of companies were created. But many of them collapsed during the dot.com bubble.

Don't play games that you don't understand, even if you see lots of other people making money from them.

The IRS spends God knows how much of your tax money on these toll-free information hot lines staffed by IRS employees, whose idea of a dynamite tax tip is that you should print neatly. If you ask them a real tax question, such as how you can cheat, they're useless. So, for guidance, you want to look to big business. Big business never pays a nickel in taxes, according to Ralph Nader, who represents a big consumer organization that never pays a nickel in taxes. . . .

More investment trusts securities were offered in September of 1929 even than in August - the total was above $600 million. However, the nearly simultaneous promotion of Shenandoah and Blue Ridge was to stand as the pinnacle of new era finance. It is difficult not to marvel at the imagination which was implicit in this gargantuan insanity. If there must be madness something may be said for having it on a heroic scale.

Enthusiasm — real grassroots enthusiasm — trumps money, trumps endorsements, trumps everything.

Gambling in the mark has been the great indoor sport of the capitalists for months, and consequently food has increased by 25 to 100 per cent.

When a young woman tells me that she wants to become and actor, I say, 'No, be a writer. Or go to business school and learn how to run a studio.' The only real change will come from behind the scenes.

Money equals business which equals power, all of which come from character and trust.

I was lucky enough to see with my own eyes the recent stock-market crash, where they lost several million dollars, a rabble of dead money that went sliding off into the sea. Never as then, amid suicides, hysteria, and groups of fainting people, have I felt the sensation of real death, death without hope, death that is nothing but rottenness, for the spectacle was terrifying but devoid of greatness... I felt something like a divine urge to bombard that whole canyon of shadow, where ambulances collected suicides whose hands were full of rings.

I would say the biggest single cause was we had an incredible residential real estate bubble.

I'm not going to sacrifice love, real love, for any *%@$n' war or any friend, or any business, because in the end you're alone at night.

The image-managers encourage the individual to fashion himself into a smooth coin, negotiable in any market.

Buy cheap and sell high is a rule of business, and when you control enough money and enough banks you can always manage that a stock you want shall be temporarily cheap. No value is destroyed for you - only for the original owner.

Bill Gates really seems to be much more of a business man than a technologist, while I prefer to think of Linux in technical terms rather than as a means to money. As such, I'm not very likely to make the same kind of money that Bill made.

Money follows art. Money wants what it can't buy. Class and talent. And remember while there's a talent for making money, it takes real talent to know how to spend it.

I respect humanity. That's my religion. I can't stand these religions that are really businesses. So much money everywhere that's going to buy a really nice house in heaven - or what? I don't get it.

Community. A friend started a real estate brokerage a few years ago. By the time she'd added her second employee, she was a pillar of her 35,000-person community. No rule says that only the local banker or car dealer can organize the program to raise supplemental funds for the public library or send the high school band on a well-earned special trip. Participating in community affairs, with time more than dollars, is good business from day one. It gets your name around, adds to your distinctiveness, and, best of all, makes you an attractive employer (which is the key to sustained success).

The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin.

A real businessman or entrepreneur has no enemies. Once he understand this, the sky's the limit.

Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.

Being rich isn't about money. Being rich is a state of mind. Some of us, no matter how much money we have, will never be free enough to take time to stop and eat the heart of the watermelon. And some of us will be rich without ever being more than a paycheck ahead of the game.

Quality is free. It's not a gift, but it's free. The 'unquality' things are what cost money.

We have no obligation to make history. We have no obligation to make art. We have no obligation to make a statement. To make money is our only objective.

The more I see of the moneyed classes, the more I understand the guillotine.