A Quote by Dave McClure
It's pretty challenging for large funds to spend the time and energy necessary to get a meaningful return when most of the wins coming out are perhaps below $100 million exits and the ones above are very few and far between.
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Life is rather above the measure of us all (save for a very few perhaps). We all need literature that is above our measure--though we may not have sufficient energy for it all the time.
We have so many films that we can fit into the slate a year, and we spend $100 million on those films in order to make $400 million dollars. We don't spend $20 million in hopes of eking out $40 million.
Look at Tottenham. You spend over £100-odd million, you'd expect to be challenging for the league.
I've learned from the past that it's important to recharge and get time in-between jobs, and if I can't get time in-between jobs then when I know I've got some time coming up at the end of a job, really try and take advantage of that. And do very mundane things at home and putter in the garden and spend time with family and make music and, you know, play with the dogs. Just get back to being me.
I don't see me doing $100 million films because $100 million films, the very nature of them, you need to offend as few people as possible just to make your money back.
I put out my first song, 'The Other,' in 2015 just on Soundcloud. It was always my most popular song but never really went far in a mainstream way. Then, a couple years after it came out, I watched it go from 8 million to, like, 100 million.
The very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.
I'm projecting somewhere between 100 million and 200 million computers on the Net by the end of December 2000, and about 300 million users by that same time.
In 2008, people who invested in hedge funds needed capital badly, but many of the funds would not return their money. However, I gave money back to any investor who requested it. It was the bottom of the market and a pretty tough time.
In 1946, Oxford University in England was offered large funds to create a new Institute of Human Nutrition. The University refused the funds on the ground that the knowledge of human nutrition was essentially complete, and that the proposed institution would soon run out of meaningful research projects.
The most important lesson I've learned from sports is how to be not only a gracious winner, but a good loser as well. Not everyone wins all the time, as a matter of fact, no one wins all the time. Winning is the easy part, losing is really tough. But, you learn more from one loss than you do from a million wins. You learn a lot about sportsmanship.
Whenever you have a few setbacks, the idea that half as many children are dying now as back in 1990 and so... it was over 12 million a year, now it's less than 6 million a year. We have a clear path to get that under 3 million a year and we know what to do. And this generation of young Africans is a very large group.
When you're a 20-something grassroots activist, and you're deciding how to spend your time and money to make a difference, it makes a lot of sense to cause a million in damage with just $100 of investment. That's a better return than any other form of activism I've been involved in.
Bottom line is, I didn't return to Apple to make a fortune. I've been very lucky in my life and already have one. When I was 25, my net worth was $100 million or so. I decided then that I wasn't going to let it ruin my life. There's no way you could ever spend it all, and I don't view wealth as something that validates my intelligence.
It's a long time coming as far as the work that I put in. Now I know that I got the stamp but what counts is what comes behind. That's what's really important. Upholding that stamp and not only keeping the energy my way but also spreading that energy out to other artists that are coming up on the West Coast.
The future of humanity is uncertain, even in the most prosperous countries, and the quality of life deteriorates; and yet I believe that what is being discovered about the infinitely large and infinitely small is sufficient to absolve this end of the century and millennium. What a very few are acquiring in knowledge of the physical world will perhaps cause this period not to be judged as a pure return of barbarism.
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