American - Businessman | -
If you already have some amount of significant traction with customers, either in usage or in revenue, you should very quickly try and get that clearly out.
Dave McClure
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We often say if you have traction, lead with traction. Talk about specific customers, usage numbers, revenue metrics - anything like that that really is clearly explicit and factual. Get that out in front early.
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We have to support the well-being of society.
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Even for a lot of people in the Valley who are more conservative, a lot of them find Trump to be incredibly offensive and a blowhard.
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I think you'll see a lot more people in the Valley get more involved in politics.
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Entrepreneurship is usually about people executing in the face of other folks telling them that it's not going to work.
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Companies that tend to survive are the rebels.
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There's been entrepreneurs working in the Valley for probably 50-60 years. It's not to say that you can't create that in other places, but I think people are a little bit impatient about creating the next Silicon Valley.
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I must say I have turned down several great companies, so I'd probably say I have to keep learning.
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I'm ashamed I didn't change my behavior until I was forced to do so by circumstance and by others. The reality is, I was stopped from further bad actions by those who spoke up about my offenses, at substantial risk to their personal and professional reputations... and subsequently, by Christine and others on the 500 team.
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My role has been limited to focus on fiduciary obligations to our investors as a general partner of our funds.
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My personal failures aside, 500 has long supported a diverse community of entrepreneurs including women, minorities, LGTBQ, international, and other overlooked founders.
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