capital

“And Dustin Doggan at us says, can a capital is a crappy differentiator? And he's right. You know, your money is the same as mine.”

“And I think that's the real challenge isn't about Can you get enough capital in, or is there regulatory barriers? I think all of that is a complete misnomer.”

“I do worry sometimes about a company raising too much capital and the team getting way too big and ostensibly getting so large so early and That they don't have the nimbleness of a startup, even though they're, you know, two years old, and they still are figur…”

“Capital is clearly a commodity and entrepreneurs lives clearly aren't.”

“Capital is pretty commoditized today , and so, in essence, if you are selling something that's, like, partially a commodity, you should get to know, sort of, the founders, or the founders should get to know you also, particularly, sort of, if they have multipl…”

“Today I think we have more capital than there are good companies.”

“So one of the biggest mistakes I hear is entrepreneurs raising so little capital. They're saying, I just need 50,000 dollars to do this, or I'm just going to raise You know, 75, 150,000 dollars, which gives very little room for error or experimentation and giv…”

“Despite large amounts of capital in the system, there does become a point where It becomes reasonably uneconomical for other people to compete from a capital perspective. I don't think that there's ever been a business where the sole defensible point is capita…”

“I think now, in retrospect, I see that we have advantages in certain ways because of our timing, and we knew we needed to move quickly so that we didn't lose out on those advantages, and I think that capital helps you just move faster and capture the market in…”

“When you have so much capital coming in, that's when bad habits can start creeping in into the minds of the boards and the management”

“Not only do valuations come down, but in the busts, usually there just isn't capital at any price. So you have to make sure you always have a reserve on your balance sheet, and I think you also have to have a business plan that allows you to make rapid adjustm…”

“I believe that capital is a very powerful weapon, but you actually have to really know it's like weapons grade plutonium, right? Like you have to know which way to direct it. Otherwise you can actually become the victim of that weapon.”

“The valuable asset is not capital. There's lots of capital, particularly in this low interest rate environment that you and I are living in. It's access. The scarce resource is access.”

“Right now there is a lack of high quality entrepreneurs and there's an excess of capital. And so people, investors are trying to fund whatever they can.”

“But it's also true that capital is a commodity.”

“Anytime you see capital flowing into something, you should worry about returns. That's just, that's like a basic rule.”

“When capital is scarce, things are cheap, and when capital is abundant, things are expensive. Where the opportunity is, is when you've built up capital and been able to hold on to it through those periods to be able to take advantage of the moments to be greed…”

“There's plenty of capital available for people who are second time founders and the first one was not a successful exit.”

“There's just as much capital chasing fewer and fewer folks that can grow at triple digit rates.”

“Don't take more capital than you need because the constraint You know, breeds a lot of creativity.”

“Most people think capital is sunk cost, almost like a grant, but capital needs to be returned. It's a soft loan, needs to be returned.”

“Don't raise too much capital. I think there's all this perspective where we've got plenty of runway that's healthy, that's good. On the other, on the one hand, like, you know, VCs aren't stupid. So if you're gonna raise too much capital, you get diluted early …”

“The capital is definitely massively eroding the returns.”

“If you have so much capital and not a lot of product market fit, I'd say you probably had a disadvantage. If you have a lot of capital and insane product market fit that allows you to go hire a huge sales force, that's a huge advantage, right?”

“It goes back to like one of our founding principles, which is attention is more valuable than capital.”

“What we're seeing with kind of the perception of funds and the idea of value add and tiers of investors is that perhaps capital isn't so fungible after all.”

“In the next six months, the capital cannot help. Six months is too short time. You have what you have, you need to deliver.”