Gil Penchina Quotes

I have some ideas for things nobody's done before, and some are ideas bigger than me that I might be able to pull off, maybe.

By definition, startups are not constrained by the limits of established company culture. And so they push boundaries and develop new technologies and ways of doing things.

I think 'crazy' is a compliment. I think you make money with people who are crazy.

Risk taking and the drive to pursue innovative ideas are the fuel that stokes the entrepreneurial spirit.

The market is ridiculously overcrowded with early stage investors. This results in a talent drain, where the best talent gets diffused and work for their own startups.

I've been lucky enough to be involved in a number of great startups, including eBay and Wikia as an entrepreneur and LinkedIn and Paypal as an investor.

In Silicon Valley, if you spend a lot of time thinking about the obstacles, you'll talk yourself out of everything, because the more you look at it, the less logical something sounds, since no one has done it yet.

I focus on consumer Internet. Sometimes it's a working prototype; sometimes it's an idea on a napkin. I don't do a ton of deals a year, and I really like working with startups - it's the only way I can invest. It fits my ADD brain.

Entrepreneurs almost always have to step out of existing institutions that embody old ways of doing things to build their vision.

My creative side is identifying all these great entrepreneurial creative people that come up with great ideas, whether they are in fashion or technology or a new tool to improve ourselves.

Fundly is at the dynamic intersection of high-growth technology startups, social entrepreneurship, and the exploding world of social media. Kapor Capital is proud to back this passionate team, their product, and Fundly's impressive customer base.

What is Apple, after all? Apple is about people who think 'outside the box,' people who want to use computers to help them change the world, to help them create things that make a difference, and not just to get a job done.

To create an organization that's adaptable and innovative, people need the freedom to challenge precedent, to 'waste' time, to go outside of channels, to experiment, to take risks and to follow their passions.

Since I was in my early twenties, at ABC, I was always only interested in things that were not already being done.

Sometimes people think Y Combinator has big ideas about themes. But really, we just fund the best startups.

Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they'll turn out to be right.

Little startups are ridiculously overfunded.

There would really be no reason to get up in the morning if Founders Fund was not willing to invest in companies that were doing important things, great businesses that very few people believe in.

When you innovate, you've got to be prepared for everyone telling you you're nuts.

If the idea is really new and unique and big, other people will all think it is bad and is going to fail.

Jeremy Stoppelman started Yelp. Max Levchin started Slide. I started LinkedIn. It was a mininova explosion of folks jumping out to doing other entrepreneurial activities.

Entrepreneurs always pitch their idea as 'the X of Y', so this is going to be 'the Microsoft of food.' And yet disruptive innovations usually don't have that character. Most of the time, if something seems like a good idea, it probably isn't.

Oculus is a company that often does things differently. But we don't want to do things so differently that we start to get into trouble.

New industries are created by entrepreneurs who don't necessarily have subject matter expertise when they get started, yet they are still responsible for most of the innovation we see in society.

The idea of investing in entrepreneurs who are building things from scratch, where I can participate in their dream, was very, very exciting to me.