A Quote by Jeremy Allaire
We don't think there is any money to be made in payments anymore. The entire business model of extracting a toll or having time delays around the movement of value is going away completely.
Related Quotes
The idea of cross-border payments is going to completely go away... Our vision is for there to be no distinction between international and domestic payments.
Low-value payments are now possible. Now, Ripple can make it easy for Facebook and Uber and Amazon to make payments to developers in real time. It's online and completely global.
What is the value of having millions of people in Iraq not having a repressive regime? What is the value of having the Iraqi regime not shooting at UK and US aircraft almost every day? What is the value of the Iraqis having a free press? What is the value of the foreign minister of Iraq going to Paris, calling for an end of the Gadhafi regime and citing Iraq as a model, as an example, that in fact a freer political system can exist in that part of the world?
The old model of the industry was founded largely upon business folk trying to make money off artists. At EMP, we let the music make the money, not the other way around. We have flipped the model to make the artistry be at the forefront of everything we do. Music makes the business and that's what makes it work.
The MeToo movement has made everyone more professional. The trashy aspects of filmmaking are now eliminated. There is certainly fear and caution among those men who think they can get away with any behaviour. At the same time, we have to be careful about not overdoing the enthusiasm of the MeToo movement.
Many consumer Internet business executives are loyalists of the Lifetime Value model, often referred to as the LTV model or formula. Lifetime value is the net present value of the profit stream of a customer.
Having money hasn't made me any happier. There are some negatives associated with it too, like having to be away from home when you don't want to be.
Intellectual property is the oil of the 21 century. Look at the richest men a hundred years ago; they all made their money extracting natural resources or moving them around. All today's richest men have made their money out of intellectual property.
I don't think it's any secret anymore that I have a family away from the business.
Not long ago, the term 'business model' was not exactly on the tip of everyone's tongue. Then, in the early to mid-1990s, 'business model' became a catchphrase that described how a company makes money or saves money.
If you ask me, 'So what is your business model?' Our business model's always about shifting to higher value opportunities.
A big part of the accelerator is to help scientists become entrepreneurs. I like to think about each business being built on three major areas: creating the value, creating the product, and extracting the value. We provide help in each of these areas.
Any schemes - such as 'think of symmetry laws', or 'put the information in mathematical form', or 'guess equations'- are known to everybody now, and they are all tried all the time. When you are stuck, the answer cannot be one of these, because you will have tried these right away...The next scheme, the new discovery, is going to be made in a completely different way.
We got together and realized that Universal made it clear that they were out of the Riddick business. They didn't want to spend that kind of money anymore. So, it was going to be an independent movie.
I think that what we need is a balance between men and women. I don't believe in the value of the matriarchy as a model for human organizations any more than I believe in the value of patriarchy as a successful model. I think that what we need is a balance of male and female, the yin and the yang, the tantric union of god and goddess, enlightenment of the individual.
I've been stocking my nuts away like a squirrel for 15 years. I don't have kids, I don't have a wife. I own my own house. I don't owe anybody for it so I put my nuts away. I really made a commitment to myself to just do what I like to do and want to do, and not to do anything. I'm not even going to give six weeks away for money anymore, you know?
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman