A Quote by Evan Williams
Unfortunately, 'climate' has become a dirty word - obviously in politics, but even to some degree in my world, in venture capital. People hesitate if they see something that's purported to be green. That's not a reason to invest for many people.
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For venture capital, one of the original principles is people you want to invest in are people who've done it before with someone else's money. Not people who've just came out of business school.
Unfortunately, some scientists behave like preachers, delivering sermons to people. What this approach ignores is the fact that there are many threats in our world that must be weighed against one another. If I'm driving my car and find myself speeding toward an obstacle, I can't simple yank the wheel to the side without first checking to see if I'll instead be driving straight into a crowd of people. Climate researchers cannot and should not take this process of weighing different factors out of the hands of politics and society.
Social media is a way to make communication easier. Obviously some people misunderstand it, some people take it personally, and some people are in a constant fight to grow their engagement. They even become obsessed. They feel like they need to be popular on social media. The most important thing is: You've got to be secure in yourself. In order to have influence on other people, you've got to know who you are, first of all. The reason I get happy when I get more engagement is because that means I did something right in terms of my audience enjoying my content.
Obviously, consideration of costs is key, including opportunity costs. Of course capital isn't free. It's easy to figure out your cost of borrowing, but theorists went bonkers on the cost of equity capital. They say that if you're generating a 100% return on capital, then you shouldn't invest in something that generates an 80% return on capital. It's crazy.
The fact is, when you talk to people, they know that something weird is going on, particularly people who are connected to the land or the water. They can see it. What perhaps is not so evident to them, unfortunately, is what the solution is. But whether they call it climate change or not, it doesn't matter. The point is, they can see there's something fundamentally weird going on here.
I meet young people all the time who say something like, 'I want to work in venture capital.' And I can see why. Who wouldn't want to be smart, well-paid, dispense large sums of money, and tell people what to do?
There's almost too much venture capital in India - there are issues with seed capital, but for venture capital, there's a lot money chasing deals here.
Writing is not something you can do or you can't. It's not even something that 'other people do' or 'for smart people only' or even 'for people who finished school and went to University'. Nonsense. Anyone can do it. But no-one can do it straight off the bat. Like plastering, brain surgery or assembling truck engines, you have to do a bit of training - get your hands dirty - and make some mistakes.
It's people wanting to do something about global climate change. People fed up with the high price of gas. People tired of breathing dirty air. In Houston, Los Angeles, Bakersfield, and other cities. It's going to be a critical mass of people experiencing something.
As a venture capitalist, I invest in people and ideas that are fresh, vibrant, and willing to disrupt the market. As a political donor, I like to see the same energy in the people I support.
I know the difference between venture capital[ism] and vulture capitalism. Venture capitalism is a good thing, comes in, gives that gap funding to help these companies get off and get started creating jobs, and work. But Mitt Romney and Bain Capital were involved with what I call vulture capitalism. And they walked into Gaffney and took over that photo album company for no other reason than to basically pick the bones clean. And those people lost their jobs.
I am a partner at CrunchFund, a venture capital firm with investments in many startups around the world. I am also a limited partner in many other venture funds which have their own startup investments.
I didn't believe in Bigfoot.I just thought, "No, that would be impossible. You know, we would have found Bigfoot by now. We would've found some skeletons, we would've found some sort of proof of Bigfoot." So, I didn't believe for a long time, but obviously this is the year we find Bigfoot. And obviously all scientists agree that there's definitely Bigfoot.There's no reason to debate it. It's like debating climate change. There's no reason to debate climate change anymore. There's no reason to debate whether there's Bigfoot. Clearly, the yeti exists.
There are not many people from top-tier venture capital firms who are focused on the seed stage.
The Democrats, the left have become a giant hate group. There is no reason in these people. This is pure, 100 percent corrupt, evil politics, or worse, that governs their thinking, their day-to-day thinking. If they're having an outdoor barbecue - wait. They wouldn't. That's climate change causing. Whatever these people do.
There are are some dirty, greedy people out there, and unfortunately I know some.
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