On AngelList, we get 100 new companies created a day. That’s an insane flood. Naval Ravikant Read Quote
Unlike a normal venture fund, we never stop raising capital. We can always absorb new capital on the platform and into the next deal as long as we feel it won’t distort the allocation and the pricing. Naval Ravikant Read Quote
VC firms that don’t have a brand are going to struggle. Because there is a lot of money out there, you need to have a point of view, a brand, to really add value. You can’t just talk about it, and say well, we are smart people. Naval Ravikant Read Quote
Our model is very, very different to LinkedIn. We only deal with very small companies. We don’t have any support for recruiters. In fact, recruiters are not supposed to be on AngelList Talent. It’s a direct market where we connect CEOs and the founders and the head of products with their talent directly. Naval Ravikant Read Quote
One philosophy I have at AngelList is I would rather have someone working on the wrong thing and do it their way and be motivated, than working on the right thing and do it my way and not be motivated. Naval Ravikant Read Quote
For us, just serving the market in the US and the UK, we can barely make the math work on an interesting business. My sense is that our clones and copycats are very manual. If they make it work, then congratulations to them! Naval Ravikant Read Quote
When the venture industry started, it was enough to just have money and then it was enough to sort of have this big fuzzy brand. But now startups are getting a lot smarter. Naval Ravikant Read Quote
