Risk Investment Quotes

The problem with taking venture capital is if you take $5m from someone, it may feel great; you may feel like they're validating your business model. But they're giving $5m out to 20 different people, hoping one of them will be a hit. They don't really care if it's you.

I will never be in the stock market. It's just gambling. I'm a gambler, but I'll gamble on the practicality of things.

The government is somewhat inept, but the private sector is inept in general. How many companies do venture capitalists invest in that go poorly? By far most of them. However, every once in a while a Google or a Microsoft comes out, so people keep giving them money.

SpaceX is very unusual. I don't know of any other startup where the founder put in $100 million of his own money before looking for any outside capital. They have wildly exceeded any reasonable expectations.

In a globalized world, one application can spread like wildfire and there's only one winning company, which means you have to invest more than you've ever had.

Sponsorship involves putting your own political capital at risk, so they are going to help that person to succeed. Women get promoted; they don't get sponsored. Women know they are on their own if they get that promotion.

If every sector of business and society will be driven by software - how does that get enabled? By highly-paid computer scientists funded by risk capital in Silicon Valley? Or by lots of engineers who can build it themselves?

Financing for 'Shotgun Stories' was initiated with money from close friends and family. This is where the money to go into production came from. After production, a company called 'Upload Films' came on board and provided post-production funds and services. In both instances, people were taking a gamble on us.

There are not many people from top-tier venture capital firms who are focused on the seed stage.

When the venture capital industry invests, it's usually because they sense there is money in them hills. And often it takes a high-profile winner to wake everyone up in the category. SpaceX is that company.