 |
To spend money wisely, focus on the function you need, not the form it takes.
|
096 |
 |
There’s greater danger of screwing up because of too much money than because of too little.
|
100 |
 |
The best mentality is to assume that you’ll never be able to raise money again.
|
123 |
 |
…no matter what valuation, the more money you take, the more you have to return.
|
127 |
 |
…raising money is a numbers game: you’ve got to make a lot of pitches to find one investor to write a check, so you can’t be picky.
|
134 |
 |
Investors are looking for people who can implement ideas, not only come up with them. Ideas are easy. Implementation is hard – and where the money is.
|
136 |
 |
A realistic description is that startups take four to five years of long hours at low pay with incredible highs and depressing lows with the constant fear of running out of money. And this is if things go well.
|
177 |
 |
If you started a lousy company, money won’t help. If you started a great company, you won’t need to use money, and bringing money into the picture may undermine your efforts.
|
271 |
 |
…exposing people to money affects their attitudes and [indicates] that extrinsic rewards are not effective to make your startup endure.
|
271 |
 |
Many people don’t participate in an ecosystem for the money, so don’t insult them by rewarding them with it.
|
279 |
