What most entrepreneurs don't understand is that it isn't the economy that bursts a bubble, but investor psychology. Download Download Share on Facebook Share on Twitter Rotate quotes bubble burst economy
Distributers don't need massive amounts of square feet to stock digital products. Retailers don't need brick-and-mortar stores to sell them. The entire supply chain for these select items has been permanently dematerialized. The marketplace has been blown to bits. Jay Samit amountbitblow share on social
You need to begin to network with angels and VCs while you are still ideating. It is easier to ask someone you know for funding than a stranger. Build your financial network by attending as many industry functions and reaching out for advice from experts online. Jay Samit adviceangelattend share on social
There is no better feeling than doing well while you are doing good. If you really want to meet the nicest, most caring people in your field, get involved with charity work. The thankless hours that go into planning charity dinners, running a carnival, and gathering donations for silent auctions are noticed and appreciated. Jay Samit appreciateauctioncare share on social
President Obama's view of a free economy is to send your money to his friends. My vision for a free enterprise economy is to return entrepreneurship and genius and creativity to the American people! Mitt Romney americancreativityeconomy Change image and share on social
It's terribly important that you can criticise people's ideas without criticising them, and if they burst into tears, it means that you tend to hold back from getting at the absolute truth. Tim Hunt absolutebackburst Change image and share on social
My venture investing career has three phases, all roughly 6-8 years long. The first, at Euclid, was software to Internet. The second, at Flatiron, was Internet to bubble. And the third, at USV, has been web 2 to mobile. I have always used a new firm to denote a new investment phase for me. Throw away the old. Start with the new. Fred Wilson bubblecareerdenote share on social