Everything James Altucher said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Altucher in 2015: Uber will become a trillion-dollar company
“They're ultimately a logistics company where on one side are people who want to do things for money, and on the other side are people who want to pay for services. So they're going to be an entire slice of kind of the world's, you know, GDP at some point. So, …”
Altucher: VC success stems from Sand Hill Road proximity, not skill
“I think, to be honest, I think being in Silicon Valley on Sand Hill Road exposes you to just every company out there, and you get to see what everybody's talking about, and you just invest in what everybody's talking about.”
Altucher: VCs do not need a vision of the future to succeed
“I don't think you need any vision of the future because, look, don't invest in kind of a social network for left-handed people.”
Altucher: Jerry Seinfeld wrote NYT op-ed attacking him, Cuomo emailed it
“Even Jerry Seinfeld wrote an op-ed in the New York Times just trashing me, which then Andrew Cuomo emailed to, like, everybody in New York State”
Altucher: The best venture capitalists do not spend time sourcing deals
“The best VCs I know, which are in some sense the ones I co-invest with, do not spend a lot of time looking at, looking for investments.”
Altucher Offers to Fill $150k Bridge Round for a Board Seat
“I'd be willing to fill up your round, which I think you said is about, there's about a hundred or a 150 left. So I'd be willing to fill up that round or work with Jillian on filling up that round. And I would require a board seat with some significant voting r…”
Altucher: Agrawal probably won't remain CEO of Tushy past a certain scale
“And I think probably you wouldn't be CEO of this past a certain level, is my guess.”
Altucher: Finance Media Figures Falsely Pretend They Are Never Wrong
“Finance, nobody was doing that. Like, I realized like, everybody was perfect in finance. They never were wrong. They were on CNBC, like, oh, well, of course, they're gonna raise, decrease interest rates, and the market's gonna go up or down, and everybody's, l…”
Altucher: Sharing ideas for free builds goodwill, charging creates zero goodwill
“You didn't charge. Like, you should absolutely not charge for, you know, if someone just wants to meet, or if someone wants you to share your ideas with their team, just go out, and you build up so much goodwill. With the good, there's zero goodwill if they ju…”
Altucher: Nobody wants to steal your ideas in 99.999% of cases
“First off, no one really wants to steal your ideas. In most, in 99.999% of the cases, no one could give a shit about your ideas.”
Altucher: Positive customer feedback carries zero informational value
“When someone says something positive, it actually has no informational value.”
Altucher: Execution is not superior to ideas, it is a subset
“Execution, people say ideas are nothing. Execution is everything. That's not true. Execution is just a subset of ideas.”
Altucher: Students forget college lectures within 48 hours without memory training
“48 hours after you leave a college lecture, you're gonna remember nothing from that college lecture, unless you've trained yourself In memory techniques, which I don't know anybody who's really, I know maybe three people who've trained themselves in really goo…”
Altucher in 2015: Tech is not a bubble; utility drives valuations
“A bubble is when the only reason something is higher today is because it was higher yesterday, right? It's pure, it's purely a price-driven phenomenon. Right now, we're buying these things because we think everybody in the world is going to use them. And becau…”
Altucher advises 18-year-old Harry Stebbings to skip college for real-world experience
“And I hope you don't go to college and instead do things that are really exciting and adventurous with your life.”
Altucher: Radical Openness and Honesty Drive Entrepreneurial Success
“So too often when you're an entrepreneur, you're always thinking, well, what do I need to look like? Or what do I need to, what mask or disguise do I need to wear to sell this client or this investor? And being open is often the key to success. Being honest, b…”
Altucher passes: $15M valuation limits angel upside on a realistic acquisition
“For me they're a venture capitalist. I'm an angel investor, so the valuation puts me out right away. I think for you, a great return on this is if you close this round, you show some use cases, Motorola or Google or whoever comes along and buys you for eighty …”
Altucher: I threw out 99.9% of my belongings
“About a year and a half ago, I threw out all of my belongings, like, 99.99% of my belongings, anything that could fit, I only have things that could fit in my carry-on bag, and that's it.”
Altucher: People Connect Deeply Through Shared Failures, Not Superficial Wealth
“And it's a, the language of the, our past fears and failures, that is the real way we all connect. Like if we all just had like a billion dollars and we met at cocktail parties, we're going to connect in this real superficial way. But if we're saying, look, I …”
Altucher: Google Manually Replaced His Post With Suicide Hotline
“There was a point where, because I wrote about this, there was a point where if you Googled, how do I kill myself, I was like the number one search result on Google, and then enough people complained that Google had to manually put in the national suicide hotl…”
Altucher: Sudden Wealth Blinds People to the Role of Luck and Timing
“The problem with making money is you think all of a sudden you're smart. Like, oh, I made money in this one area. I, you discount the fact that part of it is luck. There's always a luck factor. You discount the part that there's a lot of people involved in, in…”
Altucher: Replying to online detractors gives them your audience
“And not only that, you lend your complete, legitimate, valid audience to him for that tweet. And so he can now use that audience for his purpose. That certainly wasn't your intent. So that's why now I'm very careful about, like, every time I click reply, and I…”
Altucher: Avoiding self-promotion and showing vulnerability led to greater business success
“I've had more opportunities in business than ever. Like, I've, like, I've done better in business than I ever have before by specifically avoiding business in, in a weird way.”
Altucher: Reading and writing in massive volume are the only requirements
“You know, in order to be a good writer, you have to do two things only. And by good writer, I don't necessarily mean like poetic or, you know, best selling or whatever. I just mean someone who can communicate a message and do it in a way that people notice. Yo…”