Miguel McKelvey Quotes

When Facebook famously moved out to Palo Alto, there were people in the same house Facebook was based in working on different ideas. It is vital to remember that.

My original business model - I actually wrote this down - was 'interesting work for interesting people.'

When we launched WeWork back in 2010, we saw our opportunity to build community by bringing people together.

Innovation and creativity are the juiciest parts of running a business.

Like many of my fellow entrepreneurs, I didn't create Hearsay Social with my co-founder Steve Garrity because it would be fun and easy, but because we're at our best when faced with enormous challenges.

My parents were entrepreneurs. I grew up believing in the power of innovation.

Fact is, inventing an innovative business model is often mostly a matter of serendipity.

I've always had to create my own markets and I've always been at a juncture in my career.

BuzzFeed started as a lab with a small team where we would play with ideas.

Business has only two functions - marketing and innovation.

I don't believe in traditional company structures because the best ideas do not always come from the top.

Silicon Valley is a mindset, not a location.

Entrepreneurs have a great ability to create change, be flexible, build companies and cultivate the kind of work environment in which they want to work.

Some people are serial entrepreneurs and want to just move on to the next thing. They just want to clean the slate and start from scratch. I feel that sometimes, too, and the way that we do that here is we build things inside Shutterstock: we launch new products all the time.

I think that's exactly what Silicon Valley was all about in those days. Let's do a startup in our parents' garage and try to create a business.

Remember: you cannot build a better mouse trap by fixing the old one - NewCo demands active ownership, and that activity is not the sum of doing multiple jobs but, instead, the sum of implementing paradigm-shifting changes that create new industries and solutions.

The fact that my father set out on his own to build Hyatt - a business the family was not in and a business he was learning about as he was building it - is instructive.

All the biggest companies are based on a founder who had a need, hacked it together, and said, 'Hey, other people might want this.'

That's what America's all about. Entrepreneurs who can start a business in their basement and have it grow into a global company - that's exactly what we want.

My attitude is there are at least hundreds of interesting startups that are going to get going in every year.

We never try to think in terms of any competitive product or company. If you do that, you just focus on a certain narrow area. Rather, we should think much more broadly.

We are calling ourselves a startup nation, but the number of people who set out on their own is very low; even 10,000 a year would be low in a country like India. We can say we are a startup nation but the world won't say it.

If I could be generous and move forward and spread my feelers business-wise and also creatively, that's the best position to put myself in.

We believe that the best solutions come from solving your own problem. If you have a real problem, there's likely someone else who can relate. That's how Airbnb was born.

At Venture for, we've worked with hundreds of aspiring young entrepreneurs who want to build businesses and change things for the better.