Dave McClure

“Everyone has a different definition of risk. Sometimes that creates opportunities as well.”

“There's going to be a Google or a Facebook or a Zynga every three to five years. Those are really big ideas that do return substantial amounts of money.”

“I don't think there's nearly enough interesting ways to do education online, particularly for younger children.”

“It's pretty challenging for large funds to spend the time and energy necessary to get a meaningful return when most of the wins coming out are perhaps below $100 million exits and the ones above are very few and far between.”

“I don't expect anyone to believe I will change, but I'm working on it.”

“I won't say that 'shotgun' is the word I'd prefer to use, but we certainly do a lot of investments.”

“I did pick Lyft, but Lyft didn't seem amazing.”

“Not everybody wants to be Mark Zuckerberg, but everybody wants to create a little piece of the American dream, the Silicon Valley version. I don't think that's a bad thing.”

“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.”

“There were never as many big businesses as people were piling money into in the late 90's or early 2000's. This is really a lesson to institutional investors about how much capital the market can absorb, and it's a 10-year adjustment cycle, and we're only beginning to wake up to that.”

“Food tech has been kind of an area that we have been making a number of investments in. Kind of a big boring industry, but a lot of people eat.”

“Most firms do two investments a year. They may talk to between 50 and 100 and do a couple, whereas we're talking to thousands and doing several hundred.”

“There's a mathematical way to get success.”

“Hottest space that I think is interesting would be education, particularly, like, ages 3-10.”

“I aim to combine all the things I do in a comprehensive and holistic fashion that benefits startups and the people who make them grow.”

“Companies that tend to survive are the rebels.”

“I want to invest in a functional product that people are using.”

“Usually, what I recommend to entrepreneurs is to focus on telling the problem first, about the customer or the person who has that problem.”

“I don't know if we're doing the optimal things that we can to try and connect different people on the planet with different points of view and not be so angry at each other.”

“The earlier you invest, the higher that attrition rate is because it's compounded. We have a more scientific method of investment.”