Naval Ravikant

Naval Ravikant

Indian-American entrepreneur and investor. He is the co-founder, chairman, and former CEO of AngelList.

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Explore our hand-picked selection of quotes by Naval Ravikant:

#equity

Equity is the new land. Shareholder is the new landowner.

#virtual reality

Blockchains, Virtual Reality, Machine Learning, Genomics, Autonomous Vehicles...it's good to see tech business returning to its tech roots.

#mind peace

They call it "peace of mind" but maybe it should be called "peace from mind."

#scaling

Scaling a company via code and contracts instead of via people mitigates the Principal-Agent problem. Scaling via community-generated code and content mitigates Hayek’s Local Knowledge problem.

#salary

Increasing price of oil gave us fracking. Increasing price of unskilled labor will give us robots. Education is hard, but the only way out.

#workforce

In the land of blockchains, developers are legislators, miners are executors, and users are judges. All are free to come and go.

#raising money

Blockchain engineering is more inclusive by age because you don't have to pack up your life and move to San Francisco to raise money.

#nature / humans

Mathematics is the language of nature. Perhaps we can teach and learn it more easily as such.

#hard sciences

Study logic and math, because once you've mastered them, you won't fear any book.

#angel investing

VCs: "Too many angels!" | Angels: "Too many incubators!" | Incubators: "Too many companies!" | Entrepreneurs: "Too little of Everything."

#what to work on

What you choose to work on, and who you choose to work with, are far more important than how hard you work.

#passion

If you’re more passionate about founding a business than the business itself, you can fall into a ten year trap. Better to stay emotionally unattached and select the best opportunity that arises.

#public speaking

On public speaking: know your subject cold, eliminate inner monologue, & speak truth. Hear your own words at the same time as the listeners.

#distractions

If it entertains you now but will bore you someday, it’s a distraction. Keep looking.

#strategy

The question “why do you want this job?” is also a sales tactic. The candidate will be forced to articulate good reasons out of politeness - and the desire for internal consistency will make them believe these reasons.