--- title: "Meaning & Key Takeaway of: And we invested three hundred thousand…" description: "\"And we invested three hundred thousand dollars, became the lead investor and I became Chairman of the Board of Scientific Data Systems, as I was at Int..." image: "https://sms4smile.com/quotes/i/afe/arthur-rock-30421_became_and-we-invested-three-hundred-thousand-d_994441.png" --- # And we invested three hundred thousand dollars, became the… ![“And we invested three hundred thousand dollars, became the lead investor and I became Chairman of the Board of Scientific Data Systems, as I was at Intel for a while.” quote by Arthur Rock](https://sms4smile.com/quotes/i/afe/arthur-rock-30421_became_and-we-invested-three-hundred-thousand-d_994441.png) [Download](https://sms4smile.com/quotes/i/afe/arthur-rock-30421_became_and-we-invested-three-hundred-thousand-d_994441.png) [Open image](https://sms4smile.com/quotes/i/afe/arthur-rock-30421_became_and-we-invested-three-hundred-thousand-d_994441.png) > “And we invested three hundred thousand dollars, became the lead investor and I became Chairman of the Board of Scientific Data Systems, as I was at Intel for a while.” [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. He invested heavily, became lead investor, and chaired the board, highlighting active leadership in venture capital. **In simple terms:** He led and chaired after investing. Key Takeaway Take active roles in ventures you fund. Themes investment leadership entrepreneurship board governance Mood strategic pragmatic Type advice inspirational When to use this quote - startup funding - corporate governance - industry mentorship Key Concepts venture capital strategic control risk management Questions to Reflect On - How can you add value beyond money? - What responsibilities come with board leadership? A Different Perspective Leadership demands time and expertise beyond capital. ★ ★ ★ ★ ★ No ratings yet [Became](https://sms4smile.com/quotes/about/became/) [Board](https://sms4smile.com/quotes/about/board/) [Chairman](https://sms4smile.com/quotes/about/chairman/) [Data](https://sms4smile.com/quotes/about/data/) [Dollars](https://sms4smile.com/quotes/about/dollars/) [Hundred](https://sms4smile.com/quotes/about/hundred/) [Intel](https://sms4smile.com/quotes/about/intel/) [Invested](https://sms4smile.com/quotes/about/invested/) [Invested Thousand](https://sms4smile.com/quotes/about/invested-thousand-2056529/) [Investor](https://sms4smile.com/quotes/about/investor/) [Investor Chairman](https://sms4smile.com/quotes/about/investor-chairman-2056530/) [Lead](https://sms4smile.com/quotes/about/lead/) [Lead Investor](https://sms4smile.com/quotes/about/lead-investor-414542/) [Scientific](https://sms4smile.com/quotes/about/scientific/) [Systems](https://sms4smile.com/quotes/about/systems/) [Thousand](https://sms4smile.com/quotes/about/thousand/) [Three](https://sms4smile.com/quotes/about/three/) [While](https://sms4smile.com/quotes/about/while/) ## Related quotes > [“Sure, maybe you need the money. Maybe that's what your business plan says. It's important to find the best lead investor for your business.…](https://sms4smile.com/quotes/kruegerinvest/sure-maybe-you-need-the-money-maybe-that-s-what-your-business-plan/) [kruegerinvest](https://sms4smile.com/quotes/author/kruegerinvest/) > [And then lo and behold IBM, Apple and Motorola took an ad in all the newspapers, double page ad, and said, announcing the chip…](https://sms4smile.com/quotes/arthur-rock/and-then-lo-and-behold-ibm-apple-and-motorola-took-an-ad-in-all-the/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [In 2008, people who invested in hedge funds needed capital badly, but many of the funds would not return their money. However, I gave…](https://sms4smile.com/quotes/carl-icahn/in-2008-people-who-invested-in-hedge-funds-needed-capital-badly-but/) [Carl Icahn](https://sms4smile.com/quotes/author/carl-icahn/) > [I used to go salmon fishing with the late Jim Slater, the renowned investor, and he would give me tips. He told me to…](https://sms4smile.com/quotes/chris-tarrant/i-used-to-go-salmon-fishing-with-the-late-jim-slater-the-renowned/) [Chris Tarrant](https://sms4smile.com/quotes/author/chris-tarrant/) > [The short film project I just finished for W Hotels and Intel, I didn't have my script finished until a few days before we…](https://sms4smile.com/quotes/roman-coppola/the-short-film-project-i-just-finished-for-w-hotels-and-intel-i-didn/) [Roman Coppola](https://sms4smile.com/quotes/author/roman-coppola/) > [Think of everything in Seattle - Microsoft, Amazon, Starbucks. Then you go down to Silicon Valley - Intel, Apple, Google, Facebook, Twitter. What does…](https://sms4smile.com/quotes/nicolas-berggruen/think-of-everything-in-seattle-microsoft-amazon-starbucks-then-you-go/) [Nicolas Berggruen](https://sms4smile.com/quotes/author/nicolas-berggruen/) > [The vast majority of prisoners at Abu Ghraib, even after interrogation, had no further intel value whatsoever.](https://sms4smile.com/quotes/janis-karpinski/the-vast-majority-of-prisoners-at-abu-ghraib-even-after-interrogation/) [Janis Karpinski](https://sms4smile.com/quotes/author/janis-karpinski/) > [Security is job number one for Intel and our industry.](https://sms4smile.com/quotes/brian-krzanich/security-is-job-number-one-for-intel-and-our-industry/) [Brian Krzanich](https://sms4smile.com/quotes/author/brian-krzanich/) > [Decision making in a democracy depends above all on knowledge and not just the intel available to presidents and policymakers.](https://sms4smile.com/quotes/nancy-gibbs/decision-making-in-a-democracy-depends-above-all-on-knowledge-and-not/) [Nancy Gibbs](https://sms4smile.com/quotes/author/nancy-gibbs/) > [There's nothing more frustrating than seeing cynics sit there and say, 'Well, nobody can make any more money because Microsoft and Intel own everything.'…](https://sms4smile.com/quotes/michael-j-saylor/there-s-nothing-more-frustrating-than-seeing-cynics-sit-there-and-say/) [Michael J. Saylor](https://sms4smile.com/quotes/author/michael-j-saylor/) > [What does 'politicizing intelligence' mean? Using intel, or more often, partial intel, to produce an effect in line with White House policies rather than…](https://sms4smile.com/quotes/elliott-abrams/what-does-politicizing-intelligence-mean-using-intel-or-more-often/) [Elliott Abrams](https://sms4smile.com/quotes/author/elliott-abrams/) > [Intel continues... to abuse their monopoly, and that's why, around the world, governments and regulatory agencies continue to go after them.](https://sms4smile.com/quotes/hector-ruiz/intel-continues-to-abuse-their-monopoly-and-that-s-why-around-the/) [Hector Ruiz](https://sms4smile.com/quotes/author/hector-ruiz/) > [“How you gather, manage and use intel in life determines whether you win or lose. That's the # 1 rule for the mavericks in business.”](https://sms4smile.com/quotes/ziad-k-abdelnour/how-you-gather-manage-and-use-intel-in-life-determines-whether-you/) [Ziad K. Abdelnour](https://sms4smile.com/quotes/author/ziad-k-abdelnour/) > [The creation of George Smiley, the retired spy recalled to hunt for just such a high-ranking mole in 'Tinker, Tailor,' was extremely personal. I…](https://sms4smile.com/quotes/john-le-carre/the-creation-of-george-smiley-the-retired-spy-recalled-to-hunt-for/) [John le Carre](https://sms4smile.com/quotes/author/john-le-carre/) > [I once invested in a risky business. Quite a few people warned me not to do so, but I still went ahead and invested…](https://sms4smile.com/quotes/gautam-rode/i-once-invested-in-a-risky-business-quite-a-few-people-warned-me-not/) [Gautam Rode](https://sms4smile.com/quotes/author/gautam-rode/) ## More by Arthur Rock > [IBM decided they were going to enter the copying business in 1968.](https://sms4smile.com/quotes/arthur-rock/ibm-decided-they-were-going-to-enter-the-copying-business-in-1968/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [People come in with business plans and, I mean I know that no one is going to meet everything they say in a business…](https://sms4smile.com/quotes/arthur-rock/people-come-in-with-business-plans-and-i-mean-i-know-that-no-one-is/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [Well, I was born and raised in Rochester, New York.](https://sms4smile.com/quotes/arthur-rock/well-i-was-born-and-raised-in-rochester-new-york/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [I was one of the founders in, in that, the three of us all had the, had the founder's stock.](https://sms4smile.com/quotes/arthur-rock/i-was-one-of-the-founders-in-in-that-the-three-of-us-all-had-the-had/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [So I, I knew something in a business sense about semiconductors and I appreciated their possibilities.](https://sms4smile.com/quotes/arthur-rock/so-i-i-knew-something-in-a-business-sense-about-semiconductors-and-i/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [You know, a lot of people are just interested in, in building a company so they can make money and get out.](https://sms4smile.com/quotes/arthur-rock/you-know-a-lot-of-people-are-just-interested-in-in-building-a-company/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [And then lo and behold IBM, Apple and Motorola took an ad in all the newspapers, double page ad, and said, announcing the chip…](https://sms4smile.com/quotes/arthur-rock/and-then-lo-and-behold-ibm-apple-and-motorola-took-an-ad-in-all-the/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [My father was an immigrant from Russia and my mother was first generation.](https://sms4smile.com/quotes/arthur-rock/my-father-was-an-immigrant-from-russia-and-my-mother-was-first/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [And what I'm interested in is investing in people.](https://sms4smile.com/quotes/arthur-rock/and-what-i-m-interested-in-is-investing-in-people/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [I think they, Peter McCullough was, turns out was not a good CEO.](https://sms4smile.com/quotes/arthur-rock/i-think-they-peter-mccullough-was-turns-out-was-not-a-good-ceo/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [I mean I wasn't a founder in the sense that I contributed anything scientifically but in the sense that I signed the corporation papers…](https://sms4smile.com/quotes/arthur-rock/i-mean-i-wasn-t-a-founder-in-the-sense-that-i-contributed-anything/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [Steve Jobs is a national treasure. He is so visionary, and so bright. I had to fire him, though.](https://sms4smile.com/quotes/arthur-rock/steve-jobs-is-a-national-treasure-he-is-so-visionary-and-so-bright-i/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [The cost of a semiconductor chip fabrication plant doubles every four years.](https://sms4smile.com/quotes/arthur-rock/the-cost-of-a-semiconductor-chip-fabrication-plant-doubles-every-four/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [Killing Intel, I, I just had to resign from the Apple Board.](https://sms4smile.com/quotes/arthur-rock/killing-intel-i-i-just-had-to-resign-from-the-apple-board/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) > [This country's going to have a revolution if something doesn't happen the haves and have - nots.](https://sms4smile.com/quotes/arthur-rock/this-country-s-going-to-have-a-revolution-if-something-doesn-t-happen/) [Arthur Rock](https://sms4smile.com/quotes/author/arthur-rock/) [Explore all 17 Arthur Rock quotes ](https://sms4smile.com/quotes/author/arthur-rock/) ## More Became quotes > [My sketchbook became everything to me.](https://sms4smile.com/quotes/steve-carr/my-sketchbook-became-everything-to-me/) [Steve Carr](https://sms4smile.com/quotes/author/steve-carr/) > [In that sense, I became politicized because the people in the coal mining villages who were involved in the struggle knew why they were…](https://sms4smile.com/quotes/billy-bragg/in-that-sense-i-became-politicized-because-the-people-in-the-coal/) [Billy Bragg](https://sms4smile.com/quotes/author/billy-bragg/) > [Moses became America's true founding father because he evangelized action; he justified risk. He gave ordinary people the courage to live with uncertainty.](https://sms4smile.com/quotes/bruce-feiler/moses-became-america-s-true-founding-father-because-he-evangelized/) [Bruce Feiler](https://sms4smile.com/quotes/author/bruce-feiler/) > [I have never really been fond of animals. I certainly wasn't an 'animal lover' when I became involved in the movement. I just came…](https://sms4smile.com/quotes/peter-singer/i-have-never-really-been-fond-of-animals-i-certainly-wasn-t-an-animal/) [Peter Singer](https://sms4smile.com/quotes/author/peter-singer/) > [In the Machine Age, the company itself became a machine - a machine for making money.](https://sms4smile.com/quotes/peter-senge/in-the-machine-age-the-company-itself-became-a-machine-a-machine-for/) [Peter Senge](https://sms4smile.com/quotes/author/peter-senge/) > [I felt cheated by the way grown-ups told me that the future of the world was bleak when I became a teenager in the…](https://sms4smile.com/quotes/matt-ridley/i-felt-cheated-by-the-way-grown-ups-told-me-that-the-future-of-the/) [Matt Ridley](https://sms4smile.com/quotes/author/matt-ridley/) > [In my relationship, I was giving myself away to make the relationship better, but in actuality, wasn't doing better by doing that. I became…](https://sms4smile.com/quotes/jason-mraz/in-my-relationship-i-was-giving-myself-away-to-make-the-relationship/) [Jason Mraz](https://sms4smile.com/quotes/author/jason-mraz/) > [I was fascinated with the phone system and how it worked; I became a hacker to get better control over the phone company.](https://sms4smile.com/quotes/kevin-mitnick/i-was-fascinated-with-the-phone-system-and-how-it-worked-i-became-a/) [Kevin Mitnick](https://sms4smile.com/quotes/author/kevin-mitnick/) > [In 1887, Oregon became the first state to make Labor Day an official holiday, with Colorado, Massachusetts, New Jersey, and New York quickly following suit.](https://sms4smile.com/quotes/brendan-i-koerner/in-1887-oregon-became-the-first-state-to-make-labor-day-an-official/) [Brendan I. Koerner](https://sms4smile.com/quotes/author/brendan-i-koerner/) > [Mike Tyson is the most complex person I've ever met in my life. I've known Mike since 1986. We're both from Brooklyn. I didn't…](https://sms4smile.com/quotes/spike-lee/mike-tyson-is-the-most-complex-person-i-ve-ever-met-in-my-life-i-ve/) [Spike Lee](https://sms4smile.com/quotes/author/spike-lee/) > [With \*NSYNC, we shopped our deal for a year in America, sang a capella in everybody's office, then moved to Germany for almost two…](https://sms4smile.com/quotes/jc-chasez/with-nsync-we-shopped-our-deal-for-a-year-in-america-sang-a-capella/) [JC Chasez](https://sms4smile.com/quotes/author/jc-chasez/) > [Let's assume for the moment that the logic behind Presidents Day is actually sound for certain presidents. Why not have a separate holiday for…](https://sms4smile.com/quotes/ben-shapiro/let-s-assume-for-the-moment-that-the-logic-behind-presidents-day-is/) [Ben Shapiro](https://sms4smile.com/quotes/author/ben-shapiro/) > ['Lost Boys' is one of my all-time faves. I just thought it would be great to be a vampire. 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I think the prospect gradually became more appealing, and…](https://sms4smile.com/quotes/barton-gellman/i-don-t-think-cheney-started-off-in-2000-with-a-burning-desire-to/) [Barton Gellman](https://sms4smile.com/quotes/author/barton-gellman/) [Browse all 1,121 Became quotes ](https://sms4smile.com/quotes/about/became/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "And we invested three hundred thousand dollars, became the lead investor and I became Chairman of the Board of Scientific Data Systems, as I was at Intel for a while.", "creator": { "@type": "Person", "name": "Arthur Rock" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/arthur-rock/and-we-invested-three-hundred-thousand-dollars-became-the-lead/", "about": { "@type": "Thing", "name": "Became" }, "@id": "https://sms4smile.com/quotes/arthur-rock/and-we-invested-three-hundred-thousand-dollars-became-the-lead/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/afe/arthur-rock-30421_became_and-we-invested-three-hundred-thousand-d_994441.png", "contentUrl": "https://sms4smile.com/quotes/i/afe/arthur-rock-30421_became_and-we-invested-three-hundred-thousand-d_994441.png", "url": "https://sms4smile.com/quotes/i/afe/arthur-rock-30421_became_and-we-invested-three-hundred-thousand-d_994441.png", "width": 1080, "height": 1080, "caption": "“And we invested three hundred thousand dollars, became the lead investor and I became Chairman of the Board…” — Arthur Rock", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Arthur Rock", "item": "https://sms4smile.com/quotes/author/arthur-rock/" }, { "@type": "ListItem", "position": 4, "name": "And we invested three hundred thousand...", "item": "https://sms4smile.com/quotes/arthur-rock/and-we-invested-three-hundred-thousand-dollars-became-the-lead/" } ], "@id": "https://sms4smile.com/quotes/arthur-rock/and-we-invested-three-hundred-thousand-dollars-became-the-lead/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```