Home
Authors
Tags
App
Get QuoteDark Inspirational Quotes App
" 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
Related Quotes:
" I want to invest in a functional product that people are using. "
Dave McClure
Product
People
Using
" I did pick Lyft, but Lyft didn't seem amazing. "
Dave McClure
Did
Amazing
Seem
" 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
" 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
" Everybody in the industry thinks I'm the crazy person. "
Dave McClure
Everybody
Crazy
Person
" With great power comes great responsibility. These are platforms with hundreds of millions of people. "
Dave McClure
People
Power
Responsibility
" 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
" We are trying to build large, lasting businesses. "
Dave McClure
Trying
Lasting
Large
" I bet on a lot of stuff that's low-priced, and most of it's going to go back down to zero. But some of it's going to go up. "
Dave McClure
Back
Zero
Up
" 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 must say I have turned down several great companies, so I'd probably say I have to keep learning. "
Dave McClure
Say
Must
Learning
" Food tech has been kind of an area that we have been making a number of investments in. Kind of a big boring industry, but a lot of people eat. "
Dave McClure
Big
People
Kind
" We have to support the well-being of society. "
Dave McClure
Support
Well-Being
Society
" Offline, anything is expensive. Online is much cheaper, usually, to do almost anything. "
Dave McClure
Almost
Anything
Cheaper
" I don't think there's nearly enough interesting ways to do education online, particularly for younger children. "
Dave McClure
Education
Think
Interesting
" I don't expect anyone to believe I will change, but I'm working on it. "
Dave McClure
Will
Change
Working
" My role has been limited to focus on fiduciary obligations to our investors as a general partner of our funds. "
Dave McClure
Focus
Been
Role
" 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
" Hottest space that I think is interesting would be education, particularly, like, ages 3-10. "
Dave McClure
Think
Education
Interesting
" Usually, what I recommend to entrepreneurs is to focus on telling the problem first, about the customer or the person who has that problem. "
Dave McClure
Problem
Person
Focus
" Most of what we do is software, Internet, and mobile. A fair amount of that is transactional. "
Dave McClure
Most
Fair
Internet
" 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
" 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
" My personal failures aside, 500 has long supported a diverse community of entrepreneurs including women, minorities, LGTBQ, international, and other overlooked founders. "
Dave McClure
Long
Community
Women
" 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
" Everyone has a different definition of risk. Sometimes that creates opportunities as well. "
Dave McClure
Risk
Sometimes
Opportunities
" 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
" 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
" 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
" There were never as many big businesses as people were piling money into in the late 90's or early 2000's. This is really a lesson to institutional investors about how much capital the market can absorb, and it's a 10-year adjustment cycle, and we're only beginning to wake up to that. "
Dave McClure
People
Wake Up
Beginning