"If you have an idea that you can't get out of your head, do a startup. Otherwise join a startup."
"Venture capitalists are professional money managers. We are provided capital to invest as long as we can return it to our investors with a strong return in a reasonable amount of time. A strong return is three times cash on cash. A reasonable amount of time is ten years max."
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Source: Can the Crowd Be More Patient by Fred Wilson, www.huffingtonpost.com. April 26, 2012.
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