We worked personally with a lot of great VCs. They just work incredibly hard at supporting entrepreneurs and their companies.
Interpretation
Venture capitalists are dedicated to helping entrepreneurs succeed by providing support and resources.
This quote highlights the commitment and effort that venture capitalists (VCs) put into supporting entrepreneurs and their businesses. It emphasizes that behind the financial investment, there is a significant amount of hard work aimed at nurturing innovation and growth, showcasing the integral role that VCs play in the startup ecosystem.
In practice
A speaker at a startup conference might use this quote to illustrate the value of good mentorship.
People are so bad at driving cars that computers don't have to be that good to be much better. Any time you stand in line at the D.M.V. and look around, you're like, Oh, my God, I wish all these people were replaced by computer drivers.
It's really rare for people to have a successful start-up in this industry without a breakthrough product. I'll take it a step further. It has to be a radical product. It has to be something where, when people look at it, at first they say, 'I don't get it, I don't understand it. I think it's too weird, I think it's too unusual.'
Entrepreneurs say in an economic boom it's actually hard to build a company because everybody's too excited and there is too much money funding too many marginal companies.
I love what the Valley does. I love company building. I love startups. I love technology companies. I love new technology. I love this process of invention. Being able to participate in that as a founder and a product creator, or as an investor or a board member, I just find that hugely satisfying.
China is very entrepreneurial but has no rule of law. Europe has rule of law but isn't entrepreneurial. Combine rule of law, entrepreneurialism and a generally pro-business policy, and you have Apple.
An awful lot of successful technology companies ended up being in a slightly different market than they started out in.
I expected to be a pretty good NBA point guard and hopefully win a championship. But MVP and all this stuff? Not really.
Success is a function of persistence and doggedness and the willingness to work hard for twenty-two minutes to make sense of something that most people would give up on after thirty seconds.
Like me or not, I am the only one who has won the world's three most important leagues. So, maybe instead of the 'Special One', people should start calling me the 'Only One'.
Count the cost first. Don’t pay too big a price for pursuing minor values.
The worst part of success is, to me, adapting to it. It's scary.
If you get into entrepreneurshi p driven by profit, you are a lot more likely to fail. The entrepreneurs who succeed usually want to make a difference to people’s lives, not just their own bank balances. The desire to change things for the better is the motivation for taking risks and pursuing seemingly impossible business ideas.
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