A Quote by Steve Blank

One of the biggest mistakes entrepreneurs make is not understanding the relationship they have with their investors. At times, they confuse VCs with their friends.

Steve Blank

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Biggest Biggest Mistake Confuse Entrepreneurs Friends Investors Make Mistakes Relationship Times Understanding

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Steve Blank
American - Businessman
Born: 1953

VCs are used to being the gatekeepers of capital. There's this old narrative of entrepreneurs going hat in hand begging VCs for money. That absolutely is not the world we're in anymore.

Olaf Carlson-Wee

Understand that VCs are simply a sophisticated form of financial investors who, in turn, need to satisfy their own investors.

Steve Blank

There are not enough female VCs in an industry so traditionally dominated by males. There are not enough female mentors who are actively engaged with female founders. We need women VCs and entrepreneurs to stand up, get loud, and help guide their peers.

David Cohen

One of the biggest mistakes entrepreneurs make is that we lie to ourselves. We don't step back and look at ourselves like a competitor would.

Mark Cuban

Some investors may grumble about entrepreneurs wanting 'unicorn valuations.' But let's be honest: most investors want them, too, and are supporting the massive capitalization of these companies.

Aileen Lee

I wish more LPs would blog to help VCs and entrepreneurs understand them better.

Brad Feld

Great VCs are more than mere investors; they are often seasoned leaders who have built companies themselves.

Joe Lonsdale

Entrepreneurs constantly confuse what they do with who they are. We're all certainly responsible for what we do, but failing doesn't make us bad people and succeeding doesn't make us omniscient.

Howard A. Tullman

We worked personally with a lot of great VCs. They just work incredibly hard at supporting entrepreneurs and their companies.

Marc Andreessen

The last 10 to 20 years you’d think that it has been all about VCs making money, because that’s all we hear about. But really it is all about VCs failing and failing to return capital and being f**king idiots. VCs are stupid. They are absolutely stupid. Does anyone want to challenge that statement? Does anyone think that VCs are not stupid?

Dave McClure

Those who make no mistakes are making the biggest mistakes of all - they are attempting nothing new.

Anthony de Mello

One of the biggest mistakes celebrities make is being overly friendly. They allow photo shoots in their homes, even their bedrooms and bathrooms; they send fans autographed pictures. All that serves to support viewers with a delusional relationship with the celebrity.

Park Dietz

What do you first do when you learn to swim? You make mistakes, do you not? And what happens? You make other mistakes, and when you have made all the mistakes you possibly can without drowning - and some of them many times over - what do you find? That you can swim? Well - life is just the same as learning to swim! Do not be afraid of making mistakes, for there is no other way of learning how to live!

Alfred Adler

There will be times when I mess up. I'm human, but I want to be a role model for the good things I do and the bad things I do. And the times I do make mistakes, learn from those mistakes.

Saquon Barkley

To make images is a way of ordering one's world, of exploring and understanding one's relationship to existence. ... The images we make are often ahead of our understanding, but to say "yes" to a subject is also to have recognized, however dimly, a part of oneself; to live with that image, to accept its significance is perhaps to grow in understanding.

John Blakemore

Relationship is action, is it not? Action has meaning only in relationship; without understanding relationship, action on any level will only breed conflict. The understanding of relationship is infinitely more important than the search for any plan of action. The ideology, the pattern for action, prevents action. Action based on ideology hinders the understanding of relationship between man and man.

Jiddu Krishnamurti

A Quote by Steve Blank

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