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Businessman Quotes
All I do is talk to people, email people, take meetings with people, and do interviews. Then I work at maintaining relationships with my investors because the trust people place in me is my business model.
~ Gil Penchina
Because
Business
Business Model
Email
Interviews
Investors
Maintaining
Me
Meetings
Model
People
Place
Relationships
Take
Talk
Then
Trust
Work
design
copy
Along the way, I learned the key to launching a company. It's all about storytelling.
~ Gil Penchina
About
Along
Company
Key
Launching
Learned
Storytelling
Way
design
copy
Any ICO going forward that doesn't use a 'Ticketmaster-style' queueing engine is clearly trying to ruin the ecosystem.
~ Gil Penchina
Any
Clearly
Ecosystem
Engine
Forward
Going
ICO
Ruin
Trying
Use
design
copy
Buying a banner, you have no control whether ten different people see your ad once, or one person sees it ten times.
~ Gil Penchina
Ad
Banner
Buying
Control
Different
Different People
No Control
Once
People
Person
See
Sees
Ten
Ten Times
Times
Whether
You
Your
design
copy
Crypto today is a libertarian paradise. If you send your money to the wrong place, it's gone. If you send it to a merchant and don't receive the goods, you have no recourse. This is cash. Treat it as such.
~ Gil Penchina
Cash
Crypto
Gone
Goods
Libertarian
Merchant
Money
Paradise
Place
Receive
Send
Today
Treat
Wrong
Wrong Place
You
Your
design
copy
Ethereum is enabling a new form of financing in ICOs that is like a massive gravitational pull - dragging every entrepreneur with a sense for opportunity into its blackhole-level gravity.
~ Gil Penchina
Dragging
Enabling
Entrepreneur
Ethereum
Every
Financing
Form
Gravitational
Gravity
Like
Massive
New
Opportunity
Pull
Sense
design
copy
Focus. It's powerful to do just one thing and pour all your energy into it.
~ Gil Penchina
Energy
Focus
Just
Just One
Just One Thing
One Thing
Pour
Powerful
Thing
Your
design
copy
For merchants, it is an amazing opportunity. Compared to Paypal, crypto has no credit card fees, no charge backs, no 'Oops, we decided to hold your cash for 3-12 months while we investigate something we can't disclose.'
~ Gil Penchina
Amazing
Backs
Card
Cash
Charge
Compared
Credit
Credit Card
Crypto
Decided
Disclose
Fees
Hold
Investigate
Merchants
Months
Opportunity
PayPal
Something
While
Your
design
copy
I started angel investing because I like hanging out with entrepreneurs.
~ Gil Penchina
Angel
Because
Entrepreneurs
Hanging
Investing
Like
Out
Started
design
copy
I was one of the early folks at eBay, and by 1999, it was completely overrun by consultants from McKinsey, Bain, and BCG. It went from being a cool, fun startup to an MBA factory.
~ Gil Penchina
Being
Consultants
Cool
Early
eBay
Factory
Folks
Fun
Startup
design
copy
I've been lucky enough to be involved in a number of great startups, including eBay and Wikia as an entrepreneur and LinkedIn and Paypal as an investor.
~ Gil Penchina
Been
eBay
Enough
Entrepreneur
Great
Including
Investor
Involved
LinkedIn
Lucky
Number
PayPal
Startups
design
copy
In the U.S., Wikia has content sponsorships with top brands, including Blizzard Activision, Sony, Microsoft, Electronic Arts, ABC Television and others.
~ Gil Penchina
ABC
Arts
Blizzard
Brands
Content
Electronic
Including
Microsoft
Others
Sony
Television
Top
design
copy
It is obvious that the Internet has become such a video-driven entity. With broadband becoming ubiquitous, viewers and advertisers are looking for professional-quality videos.
~ Gil Penchina
Advertiser
Become
Becoming
Broadband
Entity
Internet
Looking
Obvious
Ubiquitous
Videos
Viewers
design
copy
It's clear to me now that Ethereum is the new currency of the Internet. It's way ahead of where Paypal was in its day, and it's much more exciting to its customers than Paypal ever was.
~ Gil Penchina
Ahead
Clear
Currency
Customers
Day
Ethereum
Ever
Exciting
Internet
Me
More
Much
New
Now
PayPal
Than
Way
Where
design
copy
Mobile was Internet 2.0. It changed everything. Crypto is Internet 3.0.
~ Gil Penchina
Changed
Crypto
Everything
Internet
Mobile
design
copy
Momentum begets momentum, and the best way to start is to start.
~ Gil Penchina
Begets
Best
Best Way
Momentum
Start
Way
design
copy
Now you can create your own Q&A site and be recognized as an expert on any topic you're passionate about in a way that is fast and easier than starting a new website.
~ Gil Penchina
About
Any
Create
Easier
Expert
Fast
New
Now
Own
Passionate
Recognized
Site
Starting
Than
Topic
Way
Website
You
Your
design
copy
Startups are all about breaking the rules and changing the 'natural order' of things. So let's do that for Series A terms.
~ Gil Penchina
About
Breaking
Changing
Natural
Natural Order
Order
Rules
Series
Startups
Terms
Things
design
copy
There are lot of ways people get non-economic payback - learning, networking, and relationships. These drive most angels more than the money.
~ Gil Penchina
Angels
Drive
Get
Learning
Lot
Money
More
Most
Networking
People
Relationships
Than
Ways
design
copy
When I first started as an angel investor, I was excited to start investing in startups - but I didn't know much. I couldn't tell the good ones from the bad; I didn't understand all these venture capital terms, so I would invest somewhat blindly.
~ Gil Penchina
Angel
Bad
Blindly
Capital
Excited
First
Good
Good Ones
Invest
Investing
Investor
Know
Much
Somewhat
Start
Started
Startups
Tell
Terms
Understand
Venture
Venture Capital
Would
design
copy
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