Joe Lonsdale Quotes

Joe Lonsdale
American Businessman
Born: Sep 12, 1982
Great People Will Work World You
Related authors: Bill Gates Henry Ford Jim Rohn Les Brown Peter Drucker Stephen Covey Steve Jobs Warren Buffett
Great leaders inspire incredible loyalty in their followers and subordinates. Joe Lonsdale
Great Loyalty Inspire Incredible Great Leaders Followers Leaders
The reason we have so much talent in Silicon Valley building and investing in for-profit technology companies is that markets richly reward successful ideas, no matter who invents them. But to remain competitive in a free market, companies must exercise discipline to meet quantitative goals and eventually become cashflow positive. Joe Lonsdale
Positive Technology Discipline Goals Matter Reward Free Building Become Meet Market Valley Markets Must Silicon Silicon Valley Free Market Remain Investing Talent Ideas Quantitative Exercise Them Much Successful Reason Who Companies Eventually Technology Companies Competitive
When you solve big, hard problems, problems that fundamentally improve how an industry works, financial returns follow, giving you resources to do more of the same. Joe Lonsdale
You Financial Problems Giving Big Resources Solve Follow More Industry Returns How Improve Same Hard Works Fundamentally
The convertible note is a useful and common financing structure in Silicon Valley. It's a form of debt that is really more a type of equity - one where the valuation hasn't been determined yet. Joe Lonsdale
Type Valley Financing Silicon Silicon Valley Determined Structure More Equity Been Debt Common Where Form Convertible Note Really Useful
Entrepreneurship is, in large part, about building something from nothing, which means creating a cause. Joe Lonsdale
Cause Building Nothing About Something Entrepreneurship Part Which Creating Means Large Large Part
Traditional hackathons are fun and focused on skill and competition, but we believe that events which focus on the positive social impact of technology engage a wider and more diverse set of participants. Joe Lonsdale
Positive Technology Events Competition Focus Believe Focused Impact Diverse More Participants Traditional Which Social Skill Engage Fun Wider Set
We want to inspire everyone to recognize the positive social impact they can have if they choose to become technologists. Joe Lonsdale
Positive Inspire Become Everyone Recognize Impact Want Social Choose
CEOs shouldn't worry about their budget all the time - on a day-to-day basis, they should work on managing their company, building an awesome product, developing key relationships, identifying distribution channels, etc. Joe Lonsdale
Work Time Key Building Awesome Channels Relationships Worry Distribution About Developing Day-To-Day Budget Identifying Managing Etc CEOs Should Product Company Basis
Engineering is the art of managing scarcity - it's easy to design and build a massive bridge that will last forever if cost is not an issue. Similarly, to build a new company, you must manage scarce resources. Joe Lonsdale
Art You Will Build Engineering Design Resources Must Easy Scarce Scarcity Cost Similarly New Massive Issue Forever Manage Managing Bridge Company Last
In an increasingly competitive technology world, VCs must work more and more closely with portfolio companies to develop superior technology, talent, and operations. Joe Lonsdale
Work Technology World Superior Increasingly Must More More And More Develop Talent Operations Closely Companies Portfolio Competitive
My personal experience with companies in the PayPal ecosystem taught me that a superb engineering culture is indispensable to building a winning business. Joe Lonsdale
Me Business Culture Experience Building Engineering Superb Winning Indispensable Ecosystem Personal Personal Experience Taught PayPal Companies
Many of humanity's most intractable challenges will only be solved through market-driven innovation. Joe Lonsdale
Challenges Humanity Innovation Will Intractable Solved Only Through Most Many
I am not by any means a philosopher, although I have worked with some talented people in the discipline. But certain philosophical concepts deeply inform the way I think about the world. The idea of 'opposing truths at extremes' is a powerful concept that I came to appreciate in my twenties. Joe Lonsdale
People World Discipline Opposing Think Philosopher Philosophical Way Extremes Some About Idea Powerful Talented Talented People Concept Concepts Although Am Came Truths Any Inform Worked Certain Means Twenties Deeply Appreciate
We adapt to technological progress by raising our minimum standards of living and working to stay above this rising threshold. Joe Lonsdale
Progress Threshold Living Our Minimum Stay Above Rising Working Standards Technological Technological Progress Adapt Raising
As we progress as a species, we will unlock new means for enhancing our lives at every turn - and our conceptions of wealth and poverty will evolve in tandem. Joe Lonsdale
Progress Wealth Will Poverty Every Our Unlock Our Lives Evolve New Tandem Turn Means Enhancing Species Lives
Hard work enables us to improve ourselves and the world around us, to combat injustice, reduce suffering, and increase human freedom. Joe Lonsdale
Work Hard Work Freedom Injustice Suffering World Increase Ourselves Combat Around Enables Reduce Improve Human Human Freedom Us Hard
One of the most important jobs of a great leader is to attract great talent. Joe Lonsdale
Great Leader Important Jobs Great Leader Talent Great Talent Most Attract The Most Important
In their infancy, startups need geniuses who fit their current tight-knit culture and will iterate quickly as they push towards an ambitious vision - and they need a scaffolding of advisors, strategists, early users, and product-thinkers around these savants to guide them. Joe Lonsdale
Culture Vision Will Startups Guide Scaffolding Push Towards Geniuses Around Advisor Infancy Fit Ambitious Quickly Current Them Who Users Early Need
Those who ultimately shake up an industry are often outsiders who don't know any better. Joe Lonsdale
Better Those Shake Outsiders Know Industry Ultimately Up Any Often Who
Creating a billion-dollar company is hard, but being a truly great leader is even harder. Joe Lonsdale
Great Leader Great Leader Truly Being Creating Hard Company Even Harder
It always struck me as pretty cool that people who changed the world often knew each other. After reading them separately, hearing that David Hume and Adam Smith were friends made sense. Joe Lonsdale
Me People World Made Reading Sense Changed Other Pretty Struck David Knew Smith Always Were Hearing Friends Often After Them Separately Who Cool Each Adam
Inasmuch as there is a useful purpose to what we do as VCs, I tend to think it's our duty not only to mentor entrepreneurs and executive teams, but also to learn from them and the others involved. We can then pass on lessons to aid the startup ecosystem and help businesses succeed and grow their impact. Joe Lonsdale
Duty Think Startup Aid Others Our Impact Only Purpose Tend Mentor Entrepreneurs Ecosystem Involved Also Executive Learn Pass Succeed Them Inasmuch Then Useful Help Businesses Lessons Teams Grow
Marketing is your battle plan for the sales team - it's about defining the landscape. Marketing is doing cohort analysis and understanding exactly what possible customers are out there. It's understanding not only which customers will respond to what messages, but also how customers will become clients if you include certain product features. Joe Lonsdale
You Battle Will Become Understanding Analysis Marketing Defining Respond Out Possible Exactly Exactly What About Only Features Also Messages Clients How Doing Sales Which Customers Plan Certain Landscape Product Your Team Include
Top technologists have a tremendous capacity - and, therefore, a tremendous responsibility - to build things that make a positive impact on the world. Joe Lonsdale
Positive World Responsibility Build Positive Impact Tremendous Top Impact Make Capacity Therefore Things
Good government is one of the most important factors in economic growth and social well-being. Joe Lonsdale
Government Good Important Economic Economic Growth Factors Most Well-Being The Most Important Social Growth Good Government
Innovative cultures transparently document spending, admit mistakes, and ask how they can do better. Joe Lonsdale
Better Mistakes Innovative Spending Admit Document How Cultures Ask
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