American - Businessman | 1934 -
As a venture capitalist, I invest in people and ideas that are fresh, vibrant, and willing to disrupt the market. As a political donor, I like to see the same energy in the people I support.
Alan Patricof
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I got my first job the old-fashioned way: I took an elevator to the top floor of many buildings and walked down floor by floor on the stairs going into every firm and asking the receptionist if she knew of any jobs available.
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Cloud computing eliminates capital expenditure, so you can go global very quickly - you don't have to have extensive servers in every country.
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I love art; I collect mostly modern art.
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Our national debt poses a threat to all Americans and is particularly troublesome both for well-established businesses and for those seeking to enter into the marketplace.
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As someone who understands what's needed for entrepreneurs and start-up companies to succeed, I can tell you there is nothing more integral to their success than operating in a stable financial system.
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I think CSR, corporate social responsibility, is something that is becoming front and center.
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Like many of my friends and associates, I am a life-long Democrat. We have a rock-solid commitment to supporting the political party that we so strongly believe offers the most promising vision of America: one that recognizes the proper role of government, the importance of compassion, and the value of diversity.
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Every venture capitalist says at some point, 'I wish I could run this company myself' - to be the entrepreneur instead of the investor.
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Your initial instincts about investments and people are usually correct. We do a lot of due diligence in this business and most of the time it comes out where we started.
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I got my first job at a firm called Naess & Thomas.
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It's actually a pretty basic concept: when businesses feel secure and confident, they are more likely to grow, hire, and invest. Conversely, when the economy is unstable, businesses often become much more risk averse, and in many cases, they're forced to make undesirable cuts that affect their bottom line.
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