A Quote by Kenneth Arrow

I'm struck by the fact that by and large equity capital doesn't play a big role in new financing; it's either bonds or internal financing but not really equity. And therefore, it's not clear that anything which improves the equity markets has really much to do with the productivity of the economy as a whole.

Kenneth Arrow

Quote Topics

Anything Big Bonds Capital Clear Economy Either Equity Fact Financing Internal Large Markets Much New Play Productivity Really Role Struck Therefore Which Whole

Quote Author

Kenneth Arrow
American - Economist
August 23, 1921 - February 21, 2017

We really wake up every day trying to build businesses. That is the goal of private equity. It's a misnomer out there that private equity profits by shrinking companies. In fact, it's just the opposite. Private equity creates value by growing great companies.

Stephen Pagliuca

The convertible note is a useful and common financing structure in Silicon Valley. It's a form of debt that is really more a type of equity - one where the valuation hasn't been determined yet.

Joe Lonsdale

If companies are able to raise equity from the market, then their problems for financing incomplete projects will come to end. Investment cycle in the capital market can kick-start with the money of savers and investors.

Uday Kotak

Hedge funds, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency of capital markets. But as their role has grown, so have the risks they pose.

Jack Reed

Historically, in India, the strange fact was that the equity owner was not taking as much hit as the lender. Therefore, if we restore the first principle of economics, that first the equity owner needs to take the hit and then the lender, we will get a good solution.

Uday Kotak

Personal brand equity erodes much faster than corporate brand equity.

John Quelch

I've probably done more venture capital deals and expansion financings than I have done private equity deals. But both are the same. Private equity companies have also built jobs.

Stephen Pagliuca

Private equity capital in each of those markets Europe and Asia - while those markets have very different characteristics - fills a niche where either strategic investors or the public markets don't go, or don't want to go for some particular reason. I think that's going to continue to be the case going forward.

David Bonderman

If you have money draining out of the public equity markets, that inevitably affects the private equity market. They cannot exist going in different directions because somehow that will rent the fabric of the universe. It's just not permitted that that happens. Obviously there can be anomalies for brief periods of time but it just can't happen forever.

Kevin Kinsella

Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it.

Mark Cuban

Sweat equity is the most valuable equity there is.

Mark Cuban

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.

Alan Greenspan

When I was a CEO, I thought I understood private equity. I didn't. And what I've learned since my retirement, and since becoming directly involved in the world of private equity, points the way to a new career path for thousands of talented senior executives - and a new engine for value creation.

Ron Williams

In order to help small businesses gain access to the credit and capital they need to run their business successfully, Congress must adopt policies that support functional capital markets without imposing undue restrictions on providers of debt and equity capital.

Sam Graves

I was doing this children's theater play, and it was non-Equity. We were out of town to do it at the Kennedy Center, and it was always kind of, 'Well, the producers may have to turn this into Equity,' and that's what happened. It was kind of a silly children's theater play, but that's how I got my card.