Aileen Lee Quotes

Silicon Valley has been this global engine of innovation and economic growth over the last few decades, but a tidal wave of innovation that has been focused very much in the digital realm.

In 1986, Microsoft and Oracle went public within a day of each other, and I recall telling one of my colleagues that the software business will become big. So I started working with software companies in the mid-'80s and never turned back.

If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.

It would be idiotic to position ourselves against Silicon Valley.

What kind of business world are we living in?

I think that we're living in a time where there are trillion-dollar opportunities that never existed before.

For most Indians in America, wealth is not inherited. Neither do we make it as heads of large hedge funds and private equity funds. For us to make it to the top, we have to use our knowhow to create great new technology products and build high-tech companies.

My mission is to grow business in Silicon Alley.

Almost every dot-com idea from 1999 that failed will succeed.

I am sure innovation will blossom around the world, given that the Internet and mobile platforms enable innovators anywhere in the world to reach a global market with ease.

The comparison to the old world is something to get excited about. We have the potential for more choice and innovation, and a different regulatory environment that doesn't place as much weight on economic regulations of terms and conditions.

When I was a young man in the 1970s, tech firms were scattered across the developed world. Since then, America has come to dominate tech almost totally.

Whenever there is a recession, the first sector that bounces back is technology services.

Companies that get started and built in New York City tend to be applied technology.

To spend time in Silicon Valley in a year of political upheaval is, on one level, soothing. It is pleasant to hear talk of wearables, walled gardens, and disruptive beverages in between updates about mass deportation.

In my 40-plus years as a venture capitalist, I have come to appreciate the certainty a healthy economy provides for businesses both large and small.

The world view of economic development has completely changed: it is no longer believed to be driven by human labour, as Karl Marx said, or by capital, as Alfred Marshall stated, but is knowledge-driven.

There are a lot more companies with a lot younger people. It is just like 23-year-olds are starting companies, and they are scaling really quickly.

Google is a company whose very existence depends on innovation - on inventing things that are new and didn't exist before - and on refining existing ideas and technologies to allow consumers to do things they couldn't do before.

The best training ground in the world is Silicon Valley and the tech space.

People generally think of technology simply as a spur to start new businesses. But the Internet has also made it possible for more businesses to compete for any given opportunity.

I think 'Shark Tank' is targeting companies that are really trying to raise their very first dollar. A lot of them aren't really tech focused. We're definitely going after companies that are building real technology, either software or hardware, they probably have raised a couple hundred thousand already.

Once my ears were open to hearing mentions of 'Shark Tank', I was surprised by how many people in our world, even in our industry, tech and finance, loved the show.

In 2014, Utah cities Salt Lake City and Provo both surpassed Silicon Valley in per-deal venture capital averages. From large, multi-campus companies to promising start-ups, Silicon Slopes offers a promising climate for businesses. The entire tech industry has its eyes on Utah.

I concluded that I know how to start and grow software companies. The worthwhile thing I could do was create livelihoods for people.