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" Entrepreneurship is usually about people executing in the face of other folks telling them that it's not going to work. "
Dave McClure
Them
Work
Face
Related Quotes:
" There's been entrepreneurs working in the Valley for probably 50-60 years. It's not to say that you can't create that in other places, but I think people are a little bit impatient about creating the next Silicon Valley. "
Dave McClure
Say
Think
Create
" I don't think there's nearly enough interesting ways to do education online, particularly for younger children. "
Dave McClure
Education
Think
Interesting
" The reason we invest globally is because we think that's where a lot of the growth is happening: around the world. "
Dave McClure
World
Think
Reason
" I actually find it's more interesting to play in the niches and find ways to apply technology to relatively straightforward problems. "
Dave McClure
Technology
Problems
Play
" There's a mathematical way to get success. "
Dave McClure
Get
Way
Mathematical
" Sometimes, we nerds of technology sort of don't think that the rules necessarily apply to us in the same way, but I think when you produce products that hundreds of millions of people, if not billions of people, are using, we have the same responsibilities as any other person representing the Fourth Estate. "
Dave McClure
Technology
People
Rules
" We often say if you have traction, lead with traction. Talk about specific customers, usage numbers, revenue metrics - anything like that that really is clearly explicit and factual. Get that out in front early. "
Dave McClure
Early
You
Talk
" Most firms do two investments a year. They may talk to between 50 and 100 and do a couple, whereas we're talking to thousands and doing several hundred. "
Dave McClure
Talking
Two
Year
" Offline, anything is expensive. Online is much cheaper, usually, to do almost anything. "
Dave McClure
Almost
Anything
Cheaper
" Not everybody wants to be Mark Zuckerberg, but everybody wants to create a little piece of the American dream, the Silicon Valley version. I don't think that's a bad thing. "
Dave McClure
American Dream
Think
Dream
" I must say I have turned down several great companies, so I'd probably say I have to keep learning. "
Dave McClure
Say
Must
Learning
" With great power comes great responsibility. These are platforms with hundreds of millions of people. "
Dave McClure
People
Power
Responsibility
" Europe is kind of fragmented. Africa is nascent; we've made a few investments, including four in Egypt. I visit 50-60 cities and 20-25 countries a year. The intent is to be a global fund, which takes time and prioritization. "
Dave McClure
Time
Year
Africa
" I made advances towards multiple women in work-related situations, where it was clearly inappropriate. I put people in compromising and inappropriate situations, and I selfishly took advantage of those situations where I should have known better. My behavior was inexcusable and wrong. "
Dave McClure
Wrong
Better
Behavior
" I'm ashamed I didn't change my behavior until I was forced to do so by circumstance and by others. The reality is, I was stopped from further bad actions by those who spoke up about my offenses, at substantial risk to their personal and professional reputations... and subsequently, by Christine and others on the 500 team. "
Dave McClure
Reality
Team
Bad
" A bubble in early-stage funding means maybe there's $300 million at work when maybe there should be $150, as opposed to a bubble in late-stage funding which means there's $20 billion at work when there should be $3. "
Dave McClure
Maybe
Bubble
Work
" I think 'Shark Tank' is targeting companies that are really trying to raise their very first dollar. A lot of them aren't really tech focused. We're definitely going after companies that are building real technology, either software or hardware, they probably have raised a couple hundred thousand already. "
Dave McClure
Technology
Building
Trying
" Most of what we do is software, Internet, and mobile. A fair amount of that is transactional. "
Dave McClure
Most
Fair
Internet
" We think that there's a lot of opportunities in helping improve finding food, delivering food, ordering systems, notifications system, and its a very frequent purchase item for a lot of people. "
Dave McClure
People
Think
Food
" We have to support the well-being of society. "
Dave McClure
Support
Well-Being
Society
" Even for a lot of people in the Valley who are more conservative, a lot of them find Trump to be incredibly offensive and a blowhard. "
Dave McClure
People
Conservative
Find
" I don't expect anyone to believe I will change, but I'm working on it. "
Dave McClure
Will
Change
Working
" Everybody in the industry thinks I'm the crazy person. "
Dave McClure
Everybody
Crazy
Person
" The earlier you invest, the higher that attrition rate is because it's compounded. We have a more scientific method of investment. "
Dave McClure
More
Because
Higher
" Hottest space that I think is interesting would be education, particularly, like, ages 3-10. "
Dave McClure
Think
Education
Interesting
" It's pretty challenging for large funds to spend the time and energy necessary to get a meaningful return when most of the wins coming out are perhaps below $100 million exits and the ones above are very few and far between. "
Dave McClure
Energy
Time
Return
" Companies that tend to survive are the rebels. "
Dave McClure
Companies
Survive
Tend
" I won't say that 'shotgun' is the word I'd prefer to use, but we certainly do a lot of investments. "
Dave McClure
Lot
Prefer
Say
" While I'd like to believe that I'm not a bad or evil person, regardless, it's clear that some of my past actions have hurt or offended several women. And I probably deserve to be called a creep. "
Dave McClure
Evil
Believe
Bad
" I don't know if we're doing the optimal things that we can to try and connect different people on the planet with different points of view and not be so angry at each other. "
Dave McClure
Know
Doing
Angry