Money Quote by Gil Penchina

“Crypto today is a libertarian paradise. If you send your money to the wrong place, it's gone. If you send it to a merchant and don't receive the goods, you have no recourse. This is cash. Treat it as such.” quote by Gil Penchina — Download Open image

“Crypto today is a libertarian paradise. If you send your money to the wrong place, it's gone. If you send it to a merchant and don't receive the goods, you have no recourse. This is cash. Treat it as such.”

Gil Penchina

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More by Gil Penchina

When trying to start a company, your enemy isn't criticism, anger or insults. Your enemy is apathy.

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When I participate in a Series A deal with VCs, entrepreneur-friendly terms go out the window. VCs remain attached to age-old traditional industry terms.…

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It's clear to me now that Ethereum is the new currency of the Internet. It's way ahead of where Paypal was in its day,…

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I started angel investing because I like hanging out with entrepreneurs.

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Ethereum is enabling a new form of financing in ICOs that is like a massive gravitational pull - dragging every entrepreneur with a sense…

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In the U.S., Wikia has content sponsorships with top brands, including Blizzard Activision, Sony, Microsoft, Electronic Arts, ABC Television and others.

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Whether someone wants to learn the words to a new Lady Gaga song they heard on the radio or to verify the lyrics to…

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I was one of the early folks at eBay, and by 1999, it was completely overrun by consultants from McKinsey, Bain, and BCG. It…

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Along the way, I learned the key to launching a company. It's all about storytelling.

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When I first started as an angel investor, I was excited to start investing in startups - but I didn't know much. I couldn't…

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You're under tremendous pressure, and everyone needs you to be perfect all the time, and that often creates a perverse incentive to not tell…

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For merchants, it is an amazing opportunity. Compared to Paypal, crypto has no credit card fees, no charge backs, no 'Oops, we decided to…

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Explore all 26 Gil Penchina quotes

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