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— Keith Rabois"The companies I have traditionally seen do best over the long term had lead investors for their seed rounds"
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In order to access private capital, you have to provide competitive return on investment. In order to give competitive returns to investors, you've got to operate on a profitable basis and be thinking of yourself as a business.
— Pierre Omidyar
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Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to own them. This allows me to learn from them and, with any luck, avoid making the same errors again.
— Barry Ritholtz
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