Phil Walden had complete faith in us, and I'll respect him…
“Phil Walden had complete faith in us, and I'll respect him forever for that. I think he sunk about $150,000 in us. He was close to bankruptcy a lot of the time, and Atlantic kept telling him we didn't have a chance.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Phil Walden’s unwavering belief and financial risk were vital to their success.
In simple terms: Faith and risk mattered.
Value loyal supporters.
Themes
Mood
Type
When to use this quote
- startup funding
- artist management
- venture capital
- creative collaborations
Key Concepts
Questions to Reflect On
- Who has taken a risk for you?
- How do you repay faith invested in you?
Risk can lead to loss if not managed.