A Quote by Naval Ravikant

With tech startups, it's all loose-goosie. You raise money as you go, often from friends, family and investors. — © Naval Ravikant
With tech startups, it's all loose-goosie. You raise money as you go, often from friends, family and investors.
Learn to raise capital by any means necessary. That's your primary job as an entrepreneur. You must continually raise capital from family and friends, banks, suppliers, customers and investors.
It helps tremendously to have operating startup experience when advising startups. It is much easier to tell people how to talk to customers, build product, manage an engineering team, raise money from investors, and talk to press when you've done it before yourself.
Minority founders often feel like they are on the outside looking in when it comes to Silicon Valley and tech startups in general.
There are a lot of white female-led startups that are raising money without a tech founder. At the core of it is value.
We can't have investors buying four apartments while young couples struggle to raise another 5,000 shekels for a home. I appeal to investors: Think about these young couples, and invest your money elsewhere.
The fact is that the amount of money startups raise in their seed and Series A rounds is inversely correlated with success
There is a reason companies raise money from investors, which is to invest in growth.
Sure, I have friends, plenty of friends, and they all come around wantin' to borrow money. I've always been generous with my friends and family, with money, but selfish with the important stuff like love.
One of the cool things we're seeing at TaskRabbit is local tech and gaming startups hiring TaskRabbits to test their products and deliver immediate user feedback. As the founder of a tech startup, I can tell you that this type of focus group testing is paramount - and usually really pricey and difficult to coordinate.
In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no longer find enough new investors to pay off the people who have already put up money, and the scheme collapses.
Kids who are middle class, socioeconomically, are surrounded by mentors. They have coaches, teachers, they have family friends, their parents have friends. They might have opportunities, they might have jobs that allow them to experience things that kids in poverty often don't have. Sometimes they come from dysfunctional families. And when you come from a family where money's a real challenge, then it might not be a priority to get you into a summer internship.
Trust me, I know, you can make mistakes with money and still raise money-smart kids. You can start a new family tradition of handling money the right way.
We need to encourage investors to invest in high-technology startups.
I should say, the one thing you run into is, if you're trying to raise a round you have to decide, well, how much money are you trying to raise? And then you have to justify that to your investors, because they want to know why you [are] raising that much? Why aren't you raising either twice as much or half as much?
I believe with great fortunes come great responsibility, so with our family's assets and many wealthy friends, we could help raise a lot of money to help others.
Investors like to invest based on traction, so it's always better to raise money when you've got more traction than less.
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