A Quote by Luke Nosek
There would really be no reason to get up in the morning if Founders Fund was not willing to invest in companies that were doing important things, great businesses that very few people believe in.
Related Quotes
There is a long history of founders returning to companies and doing great things. Founders are able to set the vision for their companies with an authority no one else can.
Founding a company is hard. Most of it isn't smooth. You'll have to make very hard decisions. You have to fire a few people. Therefore, if you don't believe in your mission, giving up is easy. The majority of founders give up. But the best founders don't give up.
If we really believe that animals have the same right to be free from pain
and suffering at our hands, then, of course we?re going to be, as a
movement, blowing things up and smashing windows ? I think it?s a great way
to bring about animal liberation ? I think it would be great if all of the
fast-food outlets, slaughterhouses, these laboratories, and the banks that
fund them exploded tomorrow. I think it's perfectly appropriate for people
to take bricks and toss them through the windows ... Hallelujah to the
people who are willing to do it.
If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people, But if you’re willing to invest on a seven-year time horizon, you’re now competing against a fraction of those people, because very few companies are willing to do that. Just by lengthening the time horizon, you can engage in endeavours that you could never otherwise pursue. At Amazon we like things to work in five to seven years. We’re willing to plant seeds, let them grow—and we’re very stubborn. We say we’re stubborn on vision and flexible on details.
It's no longer terribly sexy to own shares in certain companies; it used to be that being a shareholder in a corporation would connect you with it. The result is that people really want to invest in valuable things, and contemporary art has become a very stable material value with great growth potential.
I'm very proud of my faith. So, it's not so much (being embarrassed by it). It's just it is really personal. It's not one of those things I'm willing to compromise. I don't have to bounce it off other people. I'm not willing to take judgment on what I believe - and I would hate to not live up to it. That's just not fair.
The more new thinking I did, the more successful it seemed to me that I could become. When magazines are really working, and when websites are really working, they're doing new things all the time, and discovering new writers to do stories, different ways to package stories. I was always very aware that I was very lucky to be doing what I was doing, because I would get up in the morning, and go to work, and the days would fly by.
The companies that look after their people are the companies that do really well. I'm sure we'd like a few other attributes, but that would be the most important one.
The insurance companies make about $15 billion a year. They have doubled their profit margin under Obamacare. And so now we're going to take a lot of this and call it a stabilization fund, but really it's a bailout of insurance companies. And I just think that's wrong. I just can't see why ordinary, average taxpayers would be giving money to very, very wealthy corporations. An analogous situation would be this: We all complain that new cars cost too much. Why don't we have a new car stabilization fund and give $130 billion to car companies?
The only reason I was able to accomplish things is the great people willing to work with me. A company is a group of people organized to create a product or service, and that product or service is only as good as the people in the company - and how excited they are about creating it. I do want to recognize a ton of super-talented people. Without them, I would have accomplished very little. I just happen to be the face of the companies.
Throughout my 20s I spent a lot of time just playing and not really working, but fortunately for me I continued to get just enough work, and have a reason to wake up in the morning. I really empathize with some of my peers who had success in the early years then it dries up, and so there's no reason to get up in the morning.
There are two companies that the AI Fund has invested in - Woebot and Landing AI - and the AI Fund has a number of internal teams working on new projects. We usually bring in people as employees, work with them to turn ideas into startups, then have the entrepreneurs go into the startup as founders.
Let me tell you something. As we were walking around in the store, Marilyn and I were just really impressed by all the novelties and the different types of little things that you could get for Christmas. And all the people that would help you, they were dressed up in things that said 'I believe in Santa Claus.' And the only thing that I could think is that I believe in George Bush.
Great entrepreneurs focus intensely on an opportunity where others see nothing. This focus and intensity helps to eliminate wasted effort and distractions. Most companies die from indigestion rather than starvation, i.e. companies suffer from doing too many things at the same time rather than doing too few things very well.
Great entrepreneurs focus intensely on an opportunity where others see nothing. This focus and intensity helps to eliminate wasted effort and distractions. Most companies die from indigestion rather than starvation, i.e., companies suffer from doing too many things at the same time rather than doing too few things very well.
I think in the early part of my career, the roles were so disparate that it never gave anybody an opportunity to understand my essence and what I would be good at doing, as opposed to what I would not be good at doing, so these little moments of beautiful things that were happening to me were consistent, but very few and very far between.
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