Naval Ravikant

Naval Ravikant quotes on starting a company

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

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Your company may not be in the software business, but eventually, a software company will be in your business.


There’s never been a better time to launch a digital product.


Whether you’re starting a company or a cult, recruit for conviction, not curiosity.


In the startup olympics, first place gets a monopoly, second place gets a medal, and there is no third place.


If you don't own a piece of a business, you don't have a path towards financial freedom.


The lockdowns are intensely pro-tech. They forcibly accelerate tech adoption and cure the industry of its collective addiction to industrial-era offices.


Startups don’t need capital - they need signal.


If you want to start a tech company and aren't a maker, find a brilliant technologist and become their API to the rest of the world.


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.


The variation between engineering output is so high that the best engineers will always be underpaid, and driven towards founding companies.


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.


Companies with predictable, recurring revenue can skip highly dilutive traditional venture rounds. From seed / development round, to debt against recurring revenue, to growth / secondary round.


When building a startup, microeconomics is fundamental, macroeconomics is entertainment.


Creating new financial institutions and products takes years. Unless you're working on a blockchain - then it can be done in a few weekends.


One way you know that crypto is its own asset class and not a subset of tech - eventually every crypto-focused Partner in a venture fund spins out and sets up shop on their own.


Perhaps it isn't that responsible people become founders but that the act of founding makes the person responsible.

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