Quotes About Investment

Getting a traditional pharmaceutical to the market can cost a billion dollars or more. Newer, more tailored and targeted drugs called biologics are even more complex and expensive. Simple economics dictates that companies and venture funds will invest more in products that can generate a sufficient return.

When the venture industry started, it was enough to just have money and then it was enough to sort of have this big fuzzy brand. But now startups are getting a lot smarter.

When you have a failed pitch, you meet many more venture capitalists than you really want to.

Ask any venture capitalist, and they will tell you that they consider the experience and completeness of the founding team to be a more important factor in their investment decision than the technology that is being built.

Unfortunately, a lot of Silicon Valley venture capitalists are disconnected from African Americans, Latinos, and other people of color.

Unlike a normal venture fund, we never stop raising capital. We can always absorb new capital on the platform and into the next deal as long as we feel it won't distort the allocation and the pricing.

Venture capitalists are like lemmings jumping on the software bandwagon.

If you go to a venture firm, what you're doing is you're buying money from them in exchange for equity. They have a commodity that they're selling and they have to differentiate themselves.

First of all, in terms of investment in Internet-related developments, venture capitalists - once burned - are now very cautious and are investing in areas that actually make business sense.

One of the things that has been truly incredible to observe though, is the amount of venture investment that has gone into early stage security technology.

The venture business is a bit of an apprenticeship business, so the firm I worked for didn't let me make an investment until I was 30. That was probably a very smart thing.

The venture community is largely male.

You can invest in companies, you can help grow companies, you can be a venture capitalist - and be a philanthropist at the same time.

If I were to leave and raise a venture fund, I would have to find 10 or 100 LPs. They would all give me a bunch of money, and I would take a percentage of that to pay myself. They would expect me to invest that over the next three years, and they want that money back in seven or eight years.

A hardware startup with no funding is a risky venture.

Venture capitalists buy minority positions in young companies they think will grow quickly; buy-out investors buy most or all of companies they think can be turned around by fixing a few basic things.

Investors are always biased to invest in things they themselves understand. So venture capitalists like Uber because they like driving in black town cars. They don't like Airbnb because they like staying in five-star hotels, not sleeping on people's couches.

With a regular venture fund, you raise, let's say, a billion dollars, and then over the next three or four years, you've got to invest that money; otherwise, the people who invested with you will say, 'What are you doing? You're just collecting fees on our money.'

Venture funds get beaten up for not investing in important things. Okay, if you want venture funds to invest in important things, then don't penalize or make fun of them when those important things don't work.

There is a lack of female venture capitalists, and so there are fewer female-oriented businesses getting funded. Intel has done a good job of creating a message across Intel, and they are putting their money where their mouth is.

The individual dynamics going on within a venture fund are critically important to you. Unfortunately, they're also very opaque.

The more activity around Chicago-based companies, and the more success that entrepreneurs have in Chicago, the better we as venture capitalists in Chicago will do.

Venture capitalists don't pay attention to you unless you have an app or a widget.

It's very important to me to have a female venture capitalist.