Hamdi Ulukaya Quotes

The bigger a company gets, the more people are involved in decisions, the slower decisions get made. Look, the whole theory of startups is that three motivated people can go and do something that every company can't.

We like companies that can get big and powerful on $50 million or less and not two, three, four or five billion.

I love working with really early stage startups where the outcome is still in doubt. Maybe they'll go on to greatness, or maybe they'll never get off the runway at all.

Technology ventures can succeed with very little investment, unlike many other industries. A lot of the big Internet players like Google or Yahoo were started by a couple of guys with computers. Microsoft was started in Bill Gates' garage.

Small business owners and entrepreneurs worthy of the title need to build systems that replace themselves.

I think there are too many start-ups and not enough real companies.

We're trying to build the largest start-up ever without becoming a big company.

I do think there are more and more entrepreneurs all the time that think big. Those are the people we should be finding and funding. Most of them will fail, but the ones who succeed will change the world, and that is progress.

Without disruptions, startups can't survive.

In 2016, you no longer have to be in Silicon Valley to launch a successful startup. Colorado is home to many.

Cloud computing eliminates capital expenditure, so you can go global very quickly - you don't have to have extensive servers in every country.

Jobs cannot be created if innovation is restricted to large corporates.

It's a lot easier to gain traction when there is such a great proliferation of Internet access. The velocity at which some of these startups are gaining traction is mind-boggling. Companies like ShoeDazzle, Stella & Dot, Gilt, Groupon - these companies are going from zero to hundreds of millions in revenue in three years.

With scale, there always becomes this tension of, how do you keep the start-up philosophy?

I played with different words like 'home run,' 'megahit,' and they just all sounded kind of 'blah.' So I put in 'unicorn' because they are - these are very rare companies in the sense that there are thousands of startups in tech every year, and only a handful will wind up becoming a unicorn company. They're really rare.

I have seen a lot of now-great companies at their earliest stages, and these early-stage startups are not built by the senior people who know how to run and scale big-company machines.

Democrats have consistently been the party that supports small businesses to drive the new economy forward. That's where innovation comes from.

I ran a profitable boostrapped company for five years, then raised $40 million from Andreessen Horowitz.

Kitchen-table start-ups and local entrepreneurs will find they have major new opportunities opened to them, as they gain easier and quicker access for their goods and services into one of the world's largest markets.

Our legacy platforms have served us well for decades, but we're running out of upgrades that will keep us ahead. Technology is changing too fast, and our enemies are too adaptable.

I want to help bring tech jobs to middle America and help us create more innovation clusters.

In general, a lot of content creators find that their success is unable to support any sort of organization of scale. It's pretty difficult to support even three or four employees.

What's crucial is to never get stuck. Making hard decisions is such an important part of being a startup in order to keep moving forward.

Every new startup business creates new opportunities. It doesn't matter whether you have a new app for college students or a home medical device for senior citizens; there are other multibillion noncompetitive corporations that are spending millions of dollars trying to market their goods and services to your same audience.

I'm sure that the ideas being incubated at places like Startup Village today will form the core of the technologies of tomorrow.