I've probably failed more often than anybody else in Silicon Valley. Those don't matter. I don't remember the failures. You remember the big successes.
Vinod KhoslaRead
Entrepreneurs have the flexibility and the ability to do things that large companies simply cannot. Could a large company pull off a trick like Amyris, going from anti-malaria medicine to next-generation fuel?
Interpretation
Entrepreneurs can innovate and pivot in ways that large corporations cannot.
This quote highlights the unique advantages that entrepreneurs possess in terms of flexibility and creativity, allowing them to adapt and explore new opportunities that may be challenging for large, bureaucratic companies. Vinod Khosla exemplifies this concept by referencing the innovative journey of a company that successfully transitioned from creating anti-malaria medicine to developing advanced fuel solutions, showcasing the dynamic nature of entrepreneurial ventures.
In practice
This quote can be used during a startup pitch to highlight the advantages of agile decision-making.
I've probably failed more often than anybody else in Silicon Valley. Those don't matter. I don't remember the failures. You remember the big successes.
Seeking an acquisition from the start is more than just bad advice for an entrepreneur. For the entrepreneur it leads to short term tactical decisions rather than company-building decisions and in my view often reduces the probability of success.
Is it 10 years, 20, 50 before we reach that tipping point where climate change becomes irreversible? Nobody can know. There's clearly a probability distribution. We need to ensure this planet, and we need to do it quickly.
The only way you multiply resources is with technology. To really affect poverty, energy, health, education, or anything else - there is no other way.
You need a degree of foolishness to cause disruptive change in healthcare. Dare to dream.
Did Google know much about media? Or Amazon about commerce? Tesla about cars? SpaceX about rockets? EBay about classifieds? What did I know about computing when I started Sun Microsystems? We should celebrate these entrepreneurs, not pillory them for fighting entrenched incumbent industries that have political influence and money.
Do you know how many athletes go broke three years after they stop playing? I want to help them hold on to their money. I mean, I know about budgets.
When I go out and race, I'm not trying to beat opponents, I'm trying to beat what I have done ... to beat myself, basically. People find that hard to believe because we've had such a bias to always strive to win things. If you win something and you haven't put everything into it, you haven't actually achieved anything at all. When you've had to work hard for something and you've got the best you can out of yourself on that given day, that's where you get satisfaction from.
Hey, size works against excellence.
I would rather live a short life of glory than a long one of obscurity.
The girls and women of our race must not be afraid to take hold of business endeavor and, by patient industry, close economy, determined effort and close application to business, wring success out of a number of business opportunities that lie at their very doors.
I'm proud of everything that I've accomplished since I was a little boy. That was my dream - to be a ballplayer. I didn't dream to win so many Gold Gloves, or Silver Bats or play in All-Star Games or World Series. I was just dreaming to play the game.
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