Troy Carter Quotes

There is no country in the world where it's as easy to find venture capital in the stock market as the United States.

While I wouldn't say that most entrepreneurs find it easy to get funding, there are certainly more people out there funding technology and healthcare companies than in other areas.

With tech startups, it's all loose-goosie. You raise money as you go, often from friends, family and investors.

We need to encourage investors to invest in high-technology startups.

Venture capitalists buy minority positions in young companies they think will grow quickly; buy-out investors buy most or all of companies they think can be turned around by fixing a few basic things.

You can't have personal investors anymore because it's too expensive, so you have to have corporate investment or a lot of rich people.

I think this is also a great time to invest in private equity, helping companies grow from the ground up.

Startups are constantly raising money, sometimes before they have even hired a lawyer.

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

Our experience is that most entrepreneurs are able to attract debt, even for risky and early stage investments. There are investors who provide debt, but very few who fund through equity.

Venture capital is always wanting to go up market.

Beware angel investors: they can be disruptive.

Whatever the potential pitfalls, banks are increasingly enthusiastic about venture capital, particularly in new companies with strong prospects in fields like health care and technology.

If private-equity firms are as good at remaking companies as they claim, they don't need tax loopholes to make money.

There aren't many sources of money in San Diego, apart from local partnerships and local investors. It's pretty starkly polarized to Silicon Valley.

I've probably done more venture capital deals and expansion financings than I have done private equity deals. But both are the same. Private equity companies have also built jobs.

I've been a customer of the top venture capital firms, so I know exactly what they do and don't do.

Many of the best firms historically in venture capital have been multi-sector.

There's a number of companies clearly that we wish we had invested in either at the early or at the moderate stage.

How do you make money? Spinoffs, split-ups, liquidations, mergers and acquisitions.

Private equity has been the purview of super wealthy individuals and institutions.

We have co-opted seed funds. You know, Y Combinator, that was completely our money. We have secret handshakes with a whole bunch of people. Very dangerous, because word gets out that so-and-so's money is Sequoia's money, that would not be a good thing.

Venture capital today is clustered in just a few locations - Silicon Valley, New York, Boston, and D.C. It's far from efficiently distributed and accessible.

This is a bit like big-game hunting. You look for companies of a certain size that deserve to be public.

I don't think a lot of people have been entrepreneurial about venture capital.