Get QuoteDark Inspirational Quotes App

" 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. "

Related Quotes:

" I've actually come to respect the most irritatingly challenging people I've worked with as really valuable in improving group decision-making and what to do and what to invest in. "

Steve Jurvetson

Group

Improving

Most

" Lots of deals happen in situations that aren't 'pure work.' "

" 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. "

" 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. "

" I don't really care what the venture industry thinks. "

" I do think there are more and more entrepreneurs all the time that think big. Those are the people we should be finding and funding. Most of them will fail, but the ones who succeed will change the world, and that is progress. "

" 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. "

" If you thought financial crises came and went, just count on them - another economic collapse, it's almost going to be like not news any more. But for startups this is great, because it's a perpetual driver of disruption. "

" Because of the rate of technology change, forecast horizons are shrinking. "

" 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. "

" The first generation of biotech physically cut and pasted from one organism to another. You learned that taxol helped cure cancer, then you found the source organism and extracted the genes to make your drug. Now physical science is becoming information science. "

" By the time people came to realize that free, Web-based email was indeed a hot idea, Hotmail was adding 1 million new subscribers a month. "

" Without disruptions, startups can't survive. "

" The future will be less predictable, forecast rises will shrink, company lifetimes will shrink, new entrants will proliferate and it's going to just get more unpredictable. "

" Steve Jobs now rests with the sublime satisfaction of symbolic immortality. "

" 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. "

" 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. "

" We look for companies that are unlike anything we've ever seen before, with a bold vision to change the world and run by passionate entrepreneurs who get you jumping out of your seat. "

" Elon Musk wins you over with his elegant mastery of engineering, be it for the rocket or the car. But what blew my socks off was when our conversation veered way off topic. We started musing about whether it was possible we all lived in the matrix, and Musk still had deep knowledge. "

" Something new will always be the source of growth in Silicon Valley. "

" 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. "

" No politician has a 50-year horizon. "

Steve Jurvetson

Horizon

Politician

" Personally, I do not look at IPOs for an exit. "

" I'd stay away from investments in a variety of sectors that are capital intensive. Anyone who says we need $100 million before we know if what we're doing makes sense and the customers want it - that's not going to work. "

" Building and launching rockets has been a lifelong hobby that my son and I share. We regularly travel to Nevada's Black Rock Desert to launch rockets. "

" Go to the moon - that's my dream. "

" My interest in space started early, but for many years, I could not find any space-related investments that really penciled-out for venture. That changed in 2009 when Elon Musk came to us with a big vision to explore Mars while producing rockets at a fraction of a price and making space accessible. "

" 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. "

" Every new industry has exuberance in advance of reality. The techies get carried away. There is a period of despair. Then the pendulum swings the other way, and people see the long term potential. It's like when the Internet bubble crashed. "

" If you think 20 years out and ask what's the most important company on the planet, it is not any company you could write down today. The most important company 20 years from now has not even been founded yet and doesn't have a name. "