Raise as little as you can to get you to something that you can show - plus maybe a quarter or two so you have a little bit of cushion - and then raise some more money. Raise as little - not as much - as you can because that's the most expensive equity you're going to sell. Douglas Leone bitecushionequity share on social
The venture industry is both quite vibrant and quite competitive. Douglas Leone competitiveindustryventure Change image and share on social
We want people who come from humble backgrounds and have a need to win. Douglas Leone backgroundhumblepeople Change image and share on social
The trick is, a market has to be nonexistent when you start. If the market is large early on, you will have too many competitors. You have to make it large. Douglas Leone competitorearlylarge Change image and share on social
We like companies that can get big and powerful on $50 million or less and not two, three, four or five billion. Douglas Leone bigbillioncompany Change image and share on social
There's a number of companies clearly that we wish we had invested in either at the early or at the moderate stage. Douglas Leone companyearlyinvest Change image and share on social
I'll say this: I can't think of one instance in my 20 years in venture capital in which I have wanted to sell a company before the entrepreneur. Douglas Leone capitalcompanyentrepreneur Change image and share on social
I was working on boats as a teenager, sweating like a pig during a summer job. Douglas Leone boatjobpig Change image and share on social
You have to be willing to risk things; otherwise, somebody else will put you out of business. Douglas Leone businessputrisk Change image and share on social
Be incredibly, ruthlessly selfish with your equity. Douglas Leone equityincrediblyruthlessly Change image and share on social
