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" SpaceX lowered the cost of going into space by 10x. "
Steve Jurvetson
Cost
Going
Lowered
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" The beauty of compounding iterative algorithms - evolution, fractals, organic growth, art - derives from their irreducibility. "
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" 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. "
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" I would say that nanotech's worth paying attention to no matter what your background because if you look far enough into the future, it'll impact just about any industry you can think of. "
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" IT is now reaching out to fuels and chemicals, energy and clean tech, rockets, all kinds of bizarre industries that formerly didn't face much competition. "
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" There are many good ideas out there that never get an audience. "
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" 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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" The deep learning techniques, while relatively easy to learn, are quite foreign to traditional engineering modalities. It takes a different mindset and a relaxation of the presumption of control. The practitioners are like magi, sequestered from the rest of a typical engineering process. "
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" 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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" I've always been a fan of space exploration, and I filled our entire office with space artifacts. "
Steve Jurvetson
Always
Exploration
Space
" Being slick is not the right answer. "
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Right
Being
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" Elon Musk is a remarkable individual. "
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Remarkable
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" In general, when it comes to AI, many of us subconsciously cling to the selfish notion that humanity is the endpoint of evolution. "
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" Hotmail went from zero to 12 million users with zero marketing steps. Not a penny was spent on sales and marketing, which was astounding. It showed us the power of the network effect. "
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" If your startup is only in the development or idea stage, there is almost no better predictor of failure - I mean, utter failure, scorched-earth bankruptcy - than raising too much money in the first round. "
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" By developing deep learning solutions that are faster, easier, and less expensive to use, Nervana is democratizing deep learning and fueling advances in medical diagnostics, image and speech recognition, genomics, agriculture, finance, and eventually across all industries. "
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" Back when I was a student, I had Steve Jobs over to my house for a fireside chat with the GSB High Tech Club. "
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House
Student
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" Something new will always be the source of growth in Silicon Valley. "
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Always
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" 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. "
Steve Jurvetson
Nature
Bad
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" The commercial space industry is enormous and ripe for disruption. "
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Industry
Space
Commercial
" The short version is I'm just a total Apple fanboy. I started programming Apples in seventh grade. "
Steve Jurvetson
Programming
Short
Apples
" 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
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" I don't really care what the venture industry thinks. "
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" History has proven time and again that downturns are the best time to invest in new start-ups. You get good deals and find a better environment for start-ups to grow. "
Steve Jurvetson
Best
Time
History
" Because of the rate of technology change, forecast horizons are shrinking. "
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Forecast
" Go to the moon - that's my dream. "
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Dream
Moon
To The Moon
" A big part of green tech will be organisms that eat waste. "
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Waste
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Big
" 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. "
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Know
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" There is nothing like visiting a facility to get a sense of how companies work. "
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" The economies of the future are information. "
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Economies
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" Flourishing is everyone's birthright. I'm trying to break this hold that being smiley and cheery has on what people think the good life is. "
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