--- title: "Meaning & Key Takeaway of: I've probably done more venture capital…" description: "\"I've probably done more venture capital deals and expansion financings than I have done private equity deals. But both are the same. Private equity com..." image: "https://sms4smile.com/quotes/i/898/stephen-pagliuca-22316_also_i-ve-probably-done-more-venture-capital_984866.jpg" --- # I've probably done more venture capital deals and… ![“I've probably done more venture capital deals and expansion financings than I have done private equity deals. But both are the same. Private equity companies have also built jobs.” quote by Stephen Pagliuca](https://sms4smile.com/quotes/i/898/stephen-pagliuca-22316_also_i-ve-probably-done-more-venture-capital_984866.jpg) [Download](https://sms4smile.com/quotes/i/898/stephen-pagliuca-22316_also_i-ve-probably-done-more-venture-capital_984866.jpg) [Open image](https://sms4smile.com/quotes/i/898/stephen-pagliuca-22316_also_i-ve-probably-done-more-venture-capital_984866.jpg) > “I've probably done more venture capital deals and expansion financings than I have done private equity deals. But both are the same. Private equity companies have also built jobs.” [Stephen Pagliuca](https://sms4smile.com/quotes/author/stephen-pagliuca/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Venture capital and private equity share core goals of job creation, despite differing deal structures. **In simple terms:** Both finance types build jobs. Key Takeaway Focus on impact, not labels. Themes finance investment job creation strategy Mood analytical neutral Type explanatory business When to use this quote - startup funding - corporate buyouts - economic policy - career planning Key Concepts capital markets economic development Questions to Reflect On - How do you measure success across finance types? - What ethical considerations arise? A Different Perspective Different risk profiles affect outcomes. ★ ★ ★ ★ ★ No ratings yet [Capital](https://sms4smile.com/quotes/about/capital/) [Companies](https://sms4smile.com/quotes/about/companies/) [Customer](https://sms4smile.com/quotes/about/customer/) [Equity](https://sms4smile.com/quotes/about/equity/) [Jobs](https://sms4smile.com/quotes/about/jobs/) [Justice](https://sms4smile.com/quotes/about/justice/) [Private equity](https://sms4smile.com/quotes/about/private-equity/) [Venture capital](https://sms4smile.com/quotes/about/venture-capital/) ## Related quotes > [One thing I'm so grateful for is sidestepping the usual venture capital, private equity route. My friends who have gone that way are many…](https://sms4smile.com/quotes/blake-mycoskie/one-thing-i-m-so-grateful-for-is-sidestepping-the-usual-venture/) [Blake Mycoskie](https://sms4smile.com/quotes/author/blake-mycoskie/) > [Hedge funds, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency…](https://sms4smile.com/quotes/jack-reed/hedge-funds-private-equity-and-venture-capital-funds-have-played-an/) [Jack Reed](https://sms4smile.com/quotes/author/jack-reed/) > [I delivered lectures, and I was also a consultant for international companies in finance, both private equity and big venture capital funds.](https://sms4smile.com/quotes/ehud-barak/i-delivered-lectures-and-i-was-also-a-consultant-for-international/) [Ehud Barak](https://sms4smile.com/quotes/author/ehud-barak/) > [Private equity funds a substantial amount of new businesses and is the source of capital to rejuvenate failing businesses, which are major drivers of…](https://sms4smile.com/quotes/n-robert-hammer/private-equity-funds-a-substantial-amount-of-new-businesses-and-is/) [N. Robert Hammer](https://sms4smile.com/quotes/author/n-robert-hammer/) > [People in private equity complain that they have so much capital and so few places to invest. But you have lots of entrepreneurs trying…](https://sms4smile.com/quotes/clayton-christensen/people-in-private-equity-complain-that-they-have-so-much-capital-and/) [Clayton Christensen](https://sms4smile.com/quotes/author/clayton-christensen/) > [Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.](https://sms4smile.com/quotes/alex-berenson/big-banks-have-long-had-private-equity-divisions-that-put-up-capital/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [We really wake up every day trying to build businesses. That is the goal of private equity. It's a misnomer out there that private…](https://sms4smile.com/quotes/stephen-pagliuca/we-really-wake-up-every-day-trying-to-build-businesses-that-is-the/) [Stephen Pagliuca](https://sms4smile.com/quotes/author/stephen-pagliuca/) > [Venture capital has peaked in terms of its appetite, in terms of how much money it wants to put in. So now private equity…](https://sms4smile.com/quotes/kevin-kinsella/venture-capital-has-peaked-in-terms-of-its-appetite-in-terms-of-how/) [Kevin Kinsella](https://sms4smile.com/quotes/author/kevin-kinsella/) > [The stock market has gone up and if you are stock picking, that's fine, you may do a bit better than the market. But…](https://sms4smile.com/quotes/kevin-kinsella/the-stock-market-has-gone-up-and-if-you-are-stock-picking-that-s-fine/) [Kevin Kinsella](https://sms4smile.com/quotes/author/kevin-kinsella/) > [Some of the very best private equity people, in my experience, are people who start out as stock pickers - people who really understood…](https://sms4smile.com/quotes/david-bonderman/some-of-the-very-best-private-equity-people-in-my-experience-are/) [David Bonderman](https://sms4smile.com/quotes/author/david-bonderman/) > [Nobody in my generation ever started out in private equity. We got there by accident. There was no private equity business - actually, the…](https://sms4smile.com/quotes/david-bonderman/nobody-in-my-generation-ever-started-out-in-private-equity-we-got/) [David Bonderman](https://sms4smile.com/quotes/author/david-bonderman/) > [In our equities business, 49 of the 50 most important Lehman clients are back doing business with us. The flows are 75 to 80…](https://sms4smile.com/quotes/bob-diamond/in-our-equities-business-49-of-the-50-most-important-lehman-clients/) [Bob Diamond](https://sms4smile.com/quotes/author/bob-diamond/) > [I've heard that one-half of the students at elite schools want to go into private equity or hedge funds. They want to keep up…](https://sms4smile.com/quotes/charlie-munger/i-ve-heard-that-one-half-of-the-students-at-elite-schools-want-to-go/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [Not all private equity people are evil. Only some.](https://sms4smile.com/quotes/paul-krugman/not-all-private-equity-people-are-evil-only-some/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [It's important that we educate Americans about how hedge funds and private equity play completely different roles.](https://sms4smile.com/quotes/stephen-a-schwarzman/it-s-important-that-we-educate-americans-about-how-hedge-funds-and/) [Stephen A. 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London also has great Indian food.](https://sms4smile.com/quotes/stephen-pagliuca/i-love-indian-food-london-also-has-great-indian-food/) [Stephen Pagliuca](https://sms4smile.com/quotes/author/stephen-pagliuca/) > [We need someone in Washington who knows how to build jobs from the ground up.](https://sms4smile.com/quotes/stephen-pagliuca/we-need-someone-in-washington-who-knows-how-to-build-jobs-from-the/) [Stephen Pagliuca](https://sms4smile.com/quotes/author/stephen-pagliuca/) > [I've made it clear that I'm not taking special interest PAC money or accepting donations from lobbyists - ever. 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