We believed the world didn't need another commoditized venture capital firm. Dan Levitan More Quotes by Dan Levitan More Quotes From Dan Levitan Some of the best ideas that we've invested in have made no sense to conventional sources. Dan Levitan no-sense some best ideas We can find a great sector or business, but we're investing so early that unless there's this tenacious grit, determination, resourcefulness, ability to evolve, it won't work. Dan Levitan great determination business work You find that you can have the best business in the most exciting industry, but if the execution, if the torch-holder, if the value-creator isn't there, then we don't make it happen. Dan Levitan best you make-it-happen business I think that if you ask what's made us successful, it's because we've been fortunate enough to identify, in a number of cases, great people early. Then we throw all the resources behind them and are aligned with them. Dan Levitan great think you people I'm saying there's plenty of money out there for great consumer entrepreneurs with great consumer products attacking really big markets. Dan Levitan saying big great money There are lots of ways to make money in venture capital, and there are even more ways to be mediocre. The industry has too much money and too many smart people chasing too few great entrepreneurs. Dan Levitan great smart money people In the web products and services world, you have a real-time interaction with your customers, and then a real-time editing of how you as a company are doing. Dan Levitan doing you editing world We always talk about how you have to build a brand from the inside out, not the outside in. Brands are not wrappers. Brands are based on the values of the founders, and then they spread to the people who work for the company, and then that psychological contract is spread to the customer. Dan Levitan customer you work people Seattle is a fantastic place to build a great technology-enabled consumer company. Dan Levitan build place great company As a lot of the venture capital world seems to be shifting away from consumer, we want to make sure that consumer entrepreneurs know there's still money available. Dan Levitan know money want world I like the strategy of finding great entrepreneurs early, giving them some money, helping them a little - perhaps not as much as we would a regular core investment. Dan Levitan finding great money giving We aren't going to let our first investment be the best. Dan Levitan going first best investment
