There are a lot of benefits to having a team of young people, but there are many benefits to having people who’ve made a lot of mistakes. Aileen Lee Read Quote
Spend the first six to 12 months building a great product or service that people love, rather than chasing investors. When the time comes to engage investors, you will be meeting them from a position of strength. This makes all the difference. Aileen Lee Read Quote
Starting a company and being a founder is really hard, and most companies fail. You really have to have a deep commitment and belief in it and be willing to see it through many ups and downs. Aileen Lee Read Quote
It’s awesome that you have a female CFO and a female GC, but if you look at the investing partners, and it’s 15 dudes, I do think those people are going to get left behind if they don’t get with where the world is going. Aileen Lee Read Quote
When I go visit my mom in the retirement community where my parents live, she has a bunch of friends, and she will say, ‘These neighbors I play bridge with have a son with an idea,’ and it goes from there. Aileen Lee Read Quote
I did not grow up thinking that I wanted to be an engineer. I had read some articles about girls becoming increasingly scientifically illiterate and that girls lacked confidence in their capabilities when it came to quantitative skills. And I just thought that was kind of wrong. Aileen Lee Read Quote
When companies are private, founders can share more about their future dreams with investors; report less; and the shares are illiquid, constraining short-term changes in valuation. Aileen Lee Read Quote
If you’re looking to grow your user base, is there a best way to cost-effectively attract valuable users? I’m increasingly convinced the best way is by harnessing a concept called social proof, a relatively untapped gold mine in the age of the social web. Aileen Lee Read Quote
What is social proof? Put simply, it’s the positive influence created when someone finds out that others are doing something. It’s also known as informational social influence. Aileen Lee Read Quote
