Quotes About Startups

Startups are constantly raising money, sometimes before they have even hired a lawyer.

For many startups, ideating is the fun part: coming up with ingenious schemes to grab eyeballs and start conversations. But before you dive into that stage, take a step back and define your goals.

When I started to go out there and listen to different startups or different CEOs talk about how you build this company from a two-person team to a team of 500, I really just stepped back and was like, 'Well, it's not necessarily a business, but football has a lot of similarities to that.'

We use convertible notes a lot at our fund - 8VC - so often that we just call them 'notes' to save time.

I'm a very active angel investor in a number of different companies.

On Startups: I hate it when people call themselves entrepreneurs when what they're really trying to do is launch a startup and then sell or go public, so they can cash in and move on.

Innovation often happens in garages and dorm rooms, but it is sustained by institutions

My attitude is there are at least hundreds of interesting startups that are going to get going in every year.

Unlike many other startup processes, Customer Development is deep, detailed, and rigorous.

Finding initial funds is the primary barrier most entrepreneurs face. Many people don't have three or six months' worth of savings to free themselves up to do months of unpaid legwork.

Startups need to focus on building a foundation for their company culture early, and then they need to revisit it often. Every time a hire is made, a feature is launched, a Facebook status is updated, a press interview is given, a round of financing is raised, or a meeting is held, culture should be part of the decision-making process.

When startups succeed, they do so against all odds. In the beginning, you have nothing except for your own talents and resources. By definition, everyone else is bigger, further along, and more established than you. To win, you have to swim upstream early on - and that requires hard work and long hours. There are no shortcuts.

Darwinism may be a fine theory in other contexts, but in startups, intelligent design works best.

Hay siete preguntas que Peter recomienda que se formulen a sí mismos todos los fundadores de startups. Consulta su obra De cero a uno

Breaking your rules to co-invest with well-known investors is usually a bad idea, but following your rules when others reject a startup can work out extremely well.

No new car company had been started in the United States since 1925.

Entrepreneurs don't seem to believe that forecasting is worth the bother: One survey found that 60% of Inc. 500 CEOs had not even written business plans before launching their companies. To

In other words, companies aren't born in garages. Companies are born in companies. This

One of the things we urge Y-Combinator companies to do is to have profitability in grasp. If you need to get profitable before your A round of money, you ought to be able to do that.

Be careful not to start a company that really belongs as a feature of another company, like the 25 Twitter URL shortener companies out there. Pick a real problem that's here to stay.

If it is something particularly useful and for some reason is having trouble getting funding from traditional sources, I may be interested.

In their infancy, startups need geniuses who fit their current tight-knit culture and will iterate quickly as they push towards an ambitious vision - and they need a scaffolding of advisors, strategists, early users, and product-thinkers around these savants to guide them.

The JOBS Act will allow entrepreneurs to utilize 'crowdfunding,' which permits them to raise equity capital from a large pool of small investors.

The thing about startups is you can make it, and if it's wrong you can remake it, and you can build a team that you want to have, a product that you want to have. You're utterly focused on your users or your customers and their needs, and trying to figure out how to meet those needs.