For us, just serving the market in the US and the UK, we can barely make the math work on an interesting business. My sense is that our clones and copycats are very manual. If they make it work, then… — 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 Image
“A fit body, a calm mind, a house full of love. These things cannot be bought — they must be earned.” — Naval Ravikant Copy Share Image
“Competing without software is like competing without electricity.” — 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 them, and… — Naval Ravikant Copy Share Image
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 Image
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 Image
I think almost everything about humans and human civilization is explained better by evolution than anything else. — Naval Ravikant Copy Share Image
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 Image
“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 Image
Getting in the middle of financial transactions is a regulatory minefield. — 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 get better… — 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 a commodity… — Naval Ravikant Copy Share Image
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 Image
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 Image
