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Dave McClure Quotes: Wait until companies have an initial prototype, have shown that they have the potential to be profitable and have the ability to scale. That's the best time to invest.
         

Wait until companies have an initial prototype, have shown that they have the potential to be profitable and have the ability to scale. That's the best time to invest.


Dave McClure
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Other quotes of Dave McClure


Design is more important than technology in most consumer applications.

Design is more important than technology in most consumer applications.



I think you want to show a level of transparency that breeds trust. You don't want to show a level of desperation that breeds concern.

I think you want to show a level of transparency that breeds trust. You don't want to show a level of desperation that breeds concern.



For the most effective pitch, focus 80% on the problem, 20% on the solution.

For the most effective pitch, focus 80% on the problem, 20% on the solution.



Entrepreneurs usually don't listen to people. Trust them to do their job. Remember, you invested with the understanding the project was likely to fail.

Entrepreneurs usually don't listen to people. Trust them to do their job. Remember, you invested with the understanding the project was likely to fail.



The path to the mountain ahead of you? is not the path you took to the mountain you stand on.

The path to the mountain ahead of you? is not the path you took to the mountain you stand on.



I figured maybe I had some talent as an investor… since it seemed like I was only a half-assed entrepreneur.

I figured maybe I had some talent as an investor… since it seemed like I was only a half-assed entrepreneur.





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Quote Description


This page presents the quote "Wait until companies have an initial prototype, have shown that they have the potential to be profitable and have the ability to scale. That's the best time to invest.". Author of this quote is Dave McClure. This quote is about scales, time, prototype, profitable, waiting, investing, ability,.