"At a basic level venture capitalists are arbitrageurs: they have access to more information than those with the capital, and access to more capital than those with information, and they profit by exploiting the mismatch."

-- Ben Thompson

#Venture Capitalists Quotes #Levels Quotes #Information Quotes

“All I knew is that I NEVER wanted to be AVERAGE.”
“Say that Congress legislates gasoline price controls that sets a maximum price of $1 a gallon. As sure as night follows day, there'd be long lines and gasoline shortages, just as there were in the 1970s. For the average consumer, a $1.60 a gallon selling price and no waiting lines is a darn sight cheaper than a controlled $1 a gallon price plus searching for a gasoline station that has gas and then waiting in line. If your average purchase is 10 gallons, and if an hour or so of your time is worth more that $6, the $1.60 a gallon free market price is cheaper.”
“Yes, love indeed is light from heaven; A spark of that immortal fire with angels shared, by Allah given to lift from earth our low desire.”
“By giving kids an allowance, you teach that child to work for money rather than learn to create money.”
“On life's vast ocean diversely we sail. Reasons the card, but passion the gale.”
“To hell with the rules. If it sounds right, then it is.”
“Let us fear the worst, but work with faith; the best will always take care of itself.”
“It's funny, when people talk about the 70s I can tell you the year of every album but when it comes to the later efforts I can't remember the exact years, it's funny isn't it?”

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