A Quote by Daniel Lyons

The chance to interact with big shots is drawing scads of aspiring entrepreneurs to Quora, along with venture capitalists and other Valley players. — © Daniel Lyons
The chance to interact with big shots is drawing scads of aspiring entrepreneurs to Quora, along with venture capitalists and other Valley players.
Those in technology who can afford to stay in Silicon Valley all know it as one of the most beautiful places to live in the world, but a wariness has sunk in as folks from other walks of life are forced to leave: coffee shops are wall-to-wall with aspiring entrepreneurs, and restaurants buzz with talk of valuations and venture capital.
Outsiders think of Silicon Valley as a success story, but in truth, it is a graveyard. Failure.. is Silicon Valley's greatest strength. Every failed product or enterprise is a lesson stored in the collective memory of the country. We not only don't stigmatize failure, sometime we even admire it. Venture Capitalists actually like to see a little failure in the resumes of entrepreneurs.
Unfortunately, a lot of Silicon Valley venture capitalists are disconnected from African Americans, Latinos, and other people of color.
Generally speaking, experience counts for something. So you'd expect entrepreneurs who've been through the ups and downs of a tech startup to have an advantage over the newcomers. Or at least have an equal chance at success. But in fact the opposite may be true. A number of venture capitalists I've spoken with have said that too many "old guard" entrepreneurs are not being bold enough in their business decisions, and it's hurting their startups.
I like most of the venture capitalists I know; they're smart, well-intended guys who genuinely enjoy helping entrepreneurs succeed. And I love venture capital and investment capital of all categories - its economic impact is proven. The more of it the better.
There's this myopia among American venture capitalists to not go anywhere beyond Silicon Valley and New York.
At Venture for ,we've worked with hundreds of aspiring young entrepreneurs who want to build businesses and change things for the better.
Society can't wait. It's sad there are so many entrepreneurs, business successes and venture capitalists who give no thought to society.
Silicon Valley has evolved a critical mass of engineers and venture capitalists and all the support structure - the law firms, the real estate, all that - that are all actually geared toward being accepting of startups.
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.
There's been entrepreneurs working in the Valley for probably 50-60 years. It's not to say that you can't create that in other places, but I think people are a little bit impatient about creating the next Silicon Valley.
"(Big name research firm) says our market will be $50 billion in 2010." Every entrepreneur has a few slides about how the market potential for his segment is tens of billions. It doesn't matter if the product is bar mitzah planning software or 802.11 chip sets. Venture capitalists don't believe this type of forecast because it's the fifth one of this magnitude that they've heard that day. Entrepreneurs would do themselves a favor by simply removing any reference to market size estimates from consulting firms.
Most startup entrepreneurs unnecessarily spend half their time and give up half their equity in search of funding from angel investors and venture capitalists. Tens of millions of dollars are available to them for free from partners who not only don't want their equity, they don't even want to be paid back.
Big businesses can help by engaging aspiring entrepreneurs and promoting initiatives which support small businesses from within.
If I'm blocking shots or changing shots or even preventing players from taking shots, I'm helping the team and we are likely to win when our defense is playing well.
For those aspiring to make a living from travel photography, it's a sad fact that the boring shots are the shots that are going to make you money.
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