Jay Samit Quotes

I think it's smart to always keep an eye on the companies that sit within incubator communities, which bring together the skills and expertise needed to grow an enterprise.

I like the strategy of finding great entrepreneurs early, giving them some money, helping them a little - perhaps not as much as we would a regular core investment.

I think that Vancouver as well as Canada needs a boot camp for young entrepreneurs. We have already seen tens if not hundreds of people put their names forward to be involved in the program, and we just think this is an amazing way to accelerate what they're doing.

You need to create a place where young students can flesh out their business plans and further develop their research projects and then have a fund to help students get started in their businesses.

We want Facebook to be one of the best places people can go to learn how to build stuff. If you want to build a company, nothing better than jumping in and trying to build one. But Facebook is also great for entrepreneurs/hackers. If people want to come for a few years and move on and build something great, that's something we're proud of.

For me, the most entertaining evening would be to go sit with entrepreneurs and talk with them about how they're building their companies and how we can help to make them better. That's the one thing in the world - well, I love doing that.

I think you need to have a very strong angel community that is committed to mentoring up-and-coming entrepreneurs.

We worked personally with a lot of great VCs. They just work incredibly hard at supporting entrepreneurs and their companies.

Often, entrepreneurs don't build a board until they are forced to by their VCs when they raise their first financing round. This is dumb, as you are missing the opportunity to add at least one person to the team who - as a board member - can help you navigate the early process of building your company and raising that first round.

There are two companies that the AI Fund has invested in - Woebot and Landing AI - and the AI Fund has a number of internal teams working on new projects. We usually bring in people as employees, work with them to turn ideas into startups, then have the entrepreneurs go into the startup as founders.

Before Blockchain Capital, I was cranking out startups like an incubator.

The most important thing you need to make one of those incubator/accelerator type projects work is to have some people who understand how to do it and want to do it in a particular place.

I really have become very interested at working with and helping entrepreneurs at the early stages of their growth.

There's been entrepreneurs working in the Valley for probably 50-60 years. It's not to say that you can't create that in other places, but I think people are a little bit impatient about creating the next Silicon Valley.

Having been a venture-backed CEO, and having an established background in working with consumer-focused companies, I've built a strong network of entrepreneurs and people who can help startups.

To stimulate the economy, we need to give entrepreneurs the means to create wealth.

Inasmuch as there is a useful purpose to what we do as VCs, I tend to think it's our duty not only to mentor entrepreneurs and executive teams, but also to learn from them and the others involved. We can then pass on lessons to aid the startup ecosystem and help businesses succeed and grow their impact.

I think entrepreneurs should demand transparency for startup accelerators.

We want to enable Start-Ups and make India no 1 in this field. Start-Up India and Stand-Up India!

I would say raising capital is one of the weakest things for most entrepreneurs.

ChicagoNEXT is focused on making Chicago the best possible place for technology entrepreneurs.

I'm a venture capitalist. I like to say my job is to help and support entrepreneurs. I can play a leadership role, but my organization can't be the leader.

I separate the world of startup communities into two constituencies - leaders and feeders. The leaders are entrepreneurs and the feeders everyone else.

We need to be able to identify and support young people who demonstrate interest and aptitude in entrepreneurship and business creation and give them tools to follow this path throughout their educational experience.

You've got to really enable the next generation of start-ups.