“They're just burning through cash every quarter, and venture capitalists aren't seeing a return on capital.”
“Whoever starts out toward the unknown must consent to venture alone”
“We believe this venture safer and more affordable than any other spaceflight ventures that the U.S. has had,”
“The old markets — places where venture capital had made its greatest returns — have matured.”
“The bulk of these charges, in fact, are reductions of the non-cash venture capital gains recognized in late 1999 and 2000.”
“Even at a $200 million IPO valuation, if you can get it, you're not getting anything like venture-like returns.”
“You say: "I'm bright and ambitious." Investor thinks: "That's a relief because I usually invest in stupid and lazy people."”
Contributed by: Maya Elhalal
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