Dave McClure Quotes
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It's pretty challenging for large funds to spend the time and energy necessary to get a meaningful return when most of the wins coming out are perhaps below $100 million exits and the ones above are very few and far between.
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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.
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I don't think there's nearly enough interesting ways to do education online, particularly for younger children.
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Usually, what I recommend to entrepreneurs is to focus on telling the problem first, about the customer or the person who has that problem.
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Everybody in the industry thinks I'm the crazy person.
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Not everybody wants to be Mark Zuckerberg, but everybody wants to create a little piece of the American dream, the Silicon Valley version. I don't think that's a bad thing.
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I made advances towards multiple women in work-related situations, where it was clearly inappropriate. I put people in compromising and inappropriate situations, and I selfishly took advantage of those situations where I should have known better. My behavior was inexcusable and wrong.
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There's this myopia among American venture capitalists to not go anywhere beyond Silicon Valley and New York.
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There's going to be a Google or a Facebook or a Zynga every three to five years. Those are really big ideas that do return substantial amounts of money.
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Even for a lot of people in the Valley who are more conservative, a lot of them find Trump to be incredibly offensive and a blowhard.
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I won't say that 'shotgun' is the word I'd prefer to use, but we certainly do a lot of investments.
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Most of what we do is software, Internet, and mobile. A fair amount of that is transactional.
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Hottest space that I think is interesting would be education, particularly, like, ages 3-10.
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We think that there's a lot of opportunities in helping improve finding food, delivering food, ordering systems, notifications system, and its a very frequent purchase item for a lot of people.
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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.
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Entrepreneurship is usually about people executing in the face of other folks telling them that it's not going to work.
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I'm better than probably 90 percent of the people out there. Doesn't mean I'm smart; probably means I'm lucky.
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A bubble in early-stage funding means maybe there's $300 million at work when maybe there should be $150, as opposed to a bubble in late-stage funding which means there's $20 billion at work when there should be $3.
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'Bazillion Dollar Club' follows six struggling startups trying to get their products together.
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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.
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We have to support the well-being of society.
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The earlier you invest, the higher that attrition rate is because it's compounded. We have a more scientific method of investment.
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I actually find it's more interesting to play in the niches and find ways to apply technology to relatively straightforward problems.
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There's a mathematical way to get success.