When trying to start a company, your enemy isn't criticism, anger or insults. Your enemy is apathy. — Gil Penchina Anger Copy Share Image
When I participate in a Series A deal with VCs, entrepreneur-friendly terms go out the window. VCs remain attached to age-old traditional… — Gil Penchina Business Copy Share Image
It's clear to me now that Ethereum is the new currency of the Internet. It's way ahead of where Paypal was in… — Gil Penchina Ahead Copy Share Image
I started angel investing because I like hanging out with entrepreneurs. — Gil Penchina Angel Copy Share Image
Ethereum is enabling a new form of financing in ICOs that is like a massive gravitational pull - dragging every entrepreneur with… — Gil Penchina Business Copy Share Image
In the U.S., Wikia has content sponsorships with top brands, including Blizzard Activision, Sony, Microsoft, Electronic Arts, ABC Television and others. — Gil Penchina Abc Copy Share Image
Whether someone wants to learn the words to a new Lady Gaga song they heard on the radio or to verify the… — Gil Penchina Community Copy Share Image
I was one of the early folks at eBay, and by 1999, it was completely overrun by consultants from McKinsey, Bain, and… — Gil Penchina Being Copy Share Image
Along the way, I learned the key to launching a company. It's all about storytelling. — Gil Penchina About Copy Share Image
When I first started as an angel investor, I was excited to start investing in startups - but I didn't know much.… — Gil Penchina Angel Copy Share Image
You're under tremendous pressure, and everyone needs you to be perfect all the time, and that often creates a perverse incentive to… — Gil Penchina Perfect Copy Share Image
For merchants, it is an amazing opportunity. Compared to Paypal, crypto has no credit card fees, no charge backs, no 'Oops, we… — Gil Penchina Amazing Copy Share Image
Any ICO going forward that doesn't use a 'Ticketmaster-style' queueing engine is clearly trying to ruin the ecosystem. — Gil Penchina Engine Copy Share Image
Mobile was Internet 2.0. It changed everything. Crypto is Internet 3.0. — Gil Penchina Changed Copy Share Image
Crypto today is a libertarian paradise. If you send your money to the wrong place, it's gone. If you send it to… — Gil Penchina Money Copy Share Image
Startups are all about breaking the rules and changing the 'natural order' of things. So let's do that for Series A terms. — Gil Penchina Breaking Copy Share Image
It is obvious that the Internet has become such a video-driven entity. With broadband becoming ubiquitous, viewers and advertisers are looking for… — Gil Penchina Becoming Copy Share Image
I've been lucky enough to be involved in a number of great startups, including eBay and Wikia as an entrepreneur and LinkedIn… — Gil Penchina Business Copy Share Image
All I do is talk to people, email people, take meetings with people, and do interviews. Then I work at maintaining relationships… — Gil Penchina Business Copy Share Image
While seed deals have gotten easy, Series A negotiations still often feel like the death of 1,000 cuts. — Gil Penchina Death Copy Share Image
Momentum begets momentum, and the best way to start is to start. — Gil Penchina Best Copy Share Image
Now you can create your own Q&A site and be recognized as an expert on any topic you're passionate about in a… — Gil Penchina Create Copy Share Image
There are lot of ways people get non-economic payback - learning, networking, and relationships. These drive most angels more than the money. — Gil Penchina Learning Copy Share Image
Buying a banner, you have no control whether ten different people see your ad once, or one person sees it ten times. — Gil Penchina Control Copy Share Image
Focus. It's powerful to do just one thing and pour all your energy into it. — Gil Penchina Energy Copy Share Image