Some wise words from Khosla Ventures and Sun Microsystems’ Vinod Khosla summarised below. The full interview can be found on Stanford’s site or in this video here (or below).
On VCs… he boldly said…
“90% really add no value, and I truly believe 70% of them reduce the potential of a company.” Business consultants? Less accurate than a bunch of monkeys throwing darts. Journalists? Why pay attention to an English major?
Silicon Valley is full of consultants and venture capitalists who have never been a CEO or company founder…
“Their advice is worthless.”
On perseverance..
“…If you actually believe something, you try your best to make it happen. It doesn’t always happen, but it happens most of the time.” But too many people, he says, “take no for an answer far too easily.”
On failure…
“I like to say my willingness to fail is what gives me the ability to succeed.”
Spreadsheet is bullshit…
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