Startups are constantly raising money, sometimes before they have even hired a lawyer. — Naval Ravikant Copy Share Image
With tech startups, it's all loose-goosie. You raise money as you go, often from friends, family and investors. — Naval Ravikant Copy Share Image
Getting in the middle of financial transactions is a regulatory minefield. — Naval Ravikant Copy Share Image
At the end of the day, what makes Silicon Valley work is technology and the outcome of making money. Those two things… — Naval Ravikant Copy Share Image
When the venture industry started, it was enough to just have money and then it was enough to sort of have this… — Naval Ravikant Copy Share Image
VC firms that don't have a brand are going to struggle. Because there is a lot of money out there, you need… — Naval Ravikant Copy Share Image
If you go to a venture firm, what you're doing is you're buying money from them in exchange for equity. They have… — Naval Ravikant Copy Share Image
In an ideal world, you raise a lot of money and then there is a downturn, before you start investing so you… — Naval Ravikant Copy Share Image
Cryptocurrency currencies take the concept of money, and they take it native into computers, where everything is settled with computers and doesn't… — Naval Ravikant Copy Share Image
Take a very small amount of money, your throwaway money, treat it as if it's already gone, you've mentally set it on… — Naval Ravikant Copy Share Image
It's important not to think about Bitcoin as a replacement for cash or gold or something that works alongside that; it's to… — Naval Ravikant Copy Share Image
We are seeing a lot of cases where the startups are writing the term sheet, dictating the terms, selling common stock instead… — Naval Ravikant Copy Share Image
Nation states that are used to imposing capital controls will face a quandary: ban cryptocurrencies and live in the technology dustbin; enable… — Naval Ravikant Copy Share Image
People come in. They are too gung ho. They invest too much money in things they don't know. They lose it and… — Naval Ravikant Copy Share Image
People think about Bitcoin incorrectly. They think about it as currency or about gold or hoarding, speculation, about how much money do… — Naval Ravikant Copy Share Image
Entrepreneurship is really hard and painful - I'm not sure I'd recommend it for anyone who can't handle the extreme stress. — Naval Ravikant Copy Share
“A fit body, a calm mind, a house full of love. These things cannot be bought — they must be earned.” — Naval Ravikant Copy Share
Nation states that are used to imposing capital controls will face a quandary: ban cryptocurrencies and live in the technology dustbin; enable them, and… — Naval Ravikant Copy Share
Cryptocurrencies are an emergent property of the Internet - almost a fifth protocol in the Internet suite. If Satoshi Nakomoto did not exist, it… — Naval Ravikant Copy Share
Our model is very, very different to LinkedIn. We only deal with very small companies. We don't have any support for recruiters. In fact,… — Naval Ravikant Copy Share
I think almost everything about humans and human civilization is explained better by evolution than anything else. — Naval Ravikant Copy Share
One philosophy I have at AngelList is I would rather have someone working on the wrong thing and do it their way and be… — Naval Ravikant Copy Share
“I don't actually read a lot of books. I pick up a lot of books and only get through a few, which form the… — Naval Ravikant Copy Share
Getting in the middle of financial transactions is a regulatory minefield. — Naval Ravikant Copy Share
In an ideal world, you raise a lot of money and then there is a downturn, before you start investing so you get better… — Naval Ravikant Copy Share
If you go to a venture firm, what you're doing is you're buying money from them in exchange for equity. They have a commodity… — Naval Ravikant Copy Share
Startups often want to control the timing of their financing announcement and prefer not to reveal amounts raised for competitive reasons. If more of… — Naval Ravikant Copy Share
We are seeing a lot of cases where the startups are writing the term sheet, dictating the terms, selling common stock instead of preferred… — Naval Ravikant Copy Share
