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" I taught myself HTML. "
Steve Jurvetson
Taught
Myself
HTML
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" Steve Jobs was my hero. "
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" Machine learning allows us to build software solutions that exceed human understanding and shows us how AI can innervate every industry. "
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" Charging a fee for an online service is a good way to lose 90 percent of your customers. "
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Your
Good
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" I do lament how many investors focus on all the short-term sugar buzz of some marginal improvement in something - nothing history books are ever going to be written about. In many cases, these are quick and easy ways to make money. "
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" One tech-related concern with religion is that it appears to be a positive feedback loop to the accelerating rich-poor gap, as the disenfranchised opt out of modernity. "
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Gap
Out
Positive
" The bad news is that most traditional VCs have a youth bias that they will state very overtly. You always wonder if that's a self-fulfilling prophecy or if it's something about the nature of those businesses. "
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Nature
Bad
Youth
" The economies of the future are information. "
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Economies
Future
Information
" Corporate houses and big companies can be meaningful distribution channels for start-ups. "
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Houses
Big
Corporate
" The beauty of compounding iterative algorithms - evolution, fractals, organic growth, art - derives from their irreducibility. "
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Beauty
Organic
Growth
" Technology business increasingly becomes difficult to predict because technology itself is accelerating in change, and human nature and markets are more stagnant and static. But the dynamic engine of technological innovation continues unabated. "
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Change
Technology
Nature
" We're impressed by people who don't know what can't be done. "
Steve Jurvetson
Done
Who
People
" Hotmail grew its base faster than any company I can think of. "
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Any
Think
Than
" When I was 11, I went to space camp at the Space Center in Texas, near where I grew up. There, I met video-game-industry pioneer Richard Garriott, better known to gamers everywhere as 'Ultima' creator Lord British. "
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Gamers
Better
Lord
" I love photography. I love rockets. "
Steve Jurvetson
Photography
I Love
Rockets
" Elon Musk is an incredibly prolific entrepreneur, having come up with, or been at the founding team of Tesla, SpaceX, SolarCity, PayPal, all different industries that seem to have nothing to do with each other. "
Steve Jurvetson
Entrepreneur
Nothing
Team
" Before SpaceX, no space company was worth a second meeting. "
Steve Jurvetson
Worth
Before
Company
" If there isn't a business logic to get to marketability, the chance of an idea's importance in the world is very low. "
Steve Jurvetson
Low
World
Business
" The commercial space industry is enormous and ripe for disruption. "
Steve Jurvetson
Industry
Space
Commercial
" If you ask any VC what it takes to be successful, you'll get a description that sounds a lot like himself. There's a preference for self-similar individuals. "
Steve Jurvetson
You
Successful
Like
" As a geek, I take umbrage at the notion that chips are not sexy. But yes, robots, drones, satellites and self-driving cars are the kinds of things that excite me. "
Steve Jurvetson
Drones
Yes
Things
" SpaceX lowered the cost of going into space by 10x. "
Steve Jurvetson
Cost
Going
Lowered
" There is nothing like visiting a facility to get a sense of how companies work. "
Steve Jurvetson
Nothing
Like
Work
" The concept of a 'job' is pretty recent. If you go back a few hundred years, everyone was either a slave or a serf, or living off slave or serf labor to pursue science or philosophy or art. "
Steve Jurvetson
Living
Art
Job
" 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. "
Steve Jurvetson
Everyone
Winner
Sense
" Being slick is not the right answer. "
Steve Jurvetson
Right
Being
Answer
" IT is permeating more industries. Moore's Law knocks down simulation capabilities. We don't need wind tunnels anymore, for example. You can run experiments more quickly. "
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You
Law
Need
" When you lower the cost of access to space, a boom of innovation follows, just as low-cost fiber optics paved the way for the Internet and the cloud services that followed. "
Steve Jurvetson
Innovation
Internet
Space
" There is no correlation between a weak IPO market and an impact on early-stage VCs. "
Steve Jurvetson
Market
Weak
Between
" I believe that technology has the potential to change the fate of nations, industries and companies, as well as the context of our lives. I want to help build the companies that take the risks needed to make those kinds of real changes in the world. "
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Help
World
Technology
" Venture capital is a dynamic and people-driven business. "
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Venture Capital
Business
Venture