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 had a very ordinary background in Sheffield; I went to a secondary modern, but I saw something on TV in 1968 that inspired me to join an athletics club, and 12 years later, with great coaching and the support of people who loved me a lot, I ended up at an Olympic Games.
I believe the true road to preeminent success in any line is to make yourself master in that line. I have no faith in the policy of scattering one's resources, and in my experience I have rarely if ever met a man who achieved preeminence in money making.. certainly never one in manufacturing.. who was interested in many concerns.
As you become more successful, the gender barrier disappears. The credibility challenges you have during your growing up years starts disappearing when you start demonstrating success.
Man gives you the award but God gives you the reward.
If you want to be successful in a particular field or endeavor, I think perseverance is one of the key qualities. It's very important that you find something that you care about, that you have a deep passion for, because you're going to have to devote a lot of your life to it.
People pay a million dollars to be recognized, but nobody cares about them. They cared about me because I did things other men were afraid to do. That's why my fans identified with me.
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