The ledger, the distributed database - it's called a Blockchain - is held in the cloud by all the parties involved. It can't be broken by any of them. It's cryptographically too strong. You would have to compromise the entire… — 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
