When trying to start a company, your enemy isn't criticism, anger or insults. Your enemy is apathy. Gil Penchina More Quotes by Gil Penchina More Quotes From Gil Penchina For merchants, it is an amazing opportunity. Compared to Paypal, crypto has no credit card fees, no charge backs, no 'Oops, we decided to hold your cash for 3-12 months while we investigate something we can't disclose.' Gil Penchina youramazingsomethingopportunity Crypto today is a libertarian paradise. If you send your money to the wrong place, it's gone. If you send it to a merchant and don't receive the goods, you have no recourse. This is cash. Treat it as such. Gil Penchina treatyoumoneytoday Mobile was Internet 2.0. It changed everything. Crypto is Internet 3.0. Gil Penchina everythingmobileinternetchanged Momentum begets momentum, and the best way to start is to start. Gil Penchina beststartmomentumway Now you can create your own Q&A site and be recognized as an expert on any topic you're passionate about in a way that is fast and easier than starting a new website. Gil Penchina yournewyouway Whether someone wants to learn the words to a new Lady Gaga song they heard on the radio or to verify the lyrics to 'Blinded by the Light', the LyricWiki community delivers. Gil Penchina wordscommunitylightsong In the U.S., Wikia has content sponsorships with top brands, including Blizzard Activision, Sony, Microsoft, Electronic Arts, ABC Television and others. Gil Penchina contentotherstoptelevision It is obvious that the Internet has become such a video-driven entity. With broadband becoming ubiquitous, viewers and advertisers are looking for professional-quality videos. Gil Penchina videoslookingbecomeinternet Buying a banner, you have no control whether ten different people see your ad once, or one person sees it ten times. Gil Penchina controlyouryoupeople I've been lucky enough to be involved in a number of great startups, including eBay and Wikia as an entrepreneur and LinkedIn and Paypal as an investor. Gil Penchina greatentrepreneurluckyenough Along the way, I learned the key to launching a company. It's all about storytelling. Gil Penchina keyaboutcompanyway It's clear to me now that Ethereum is the new currency of the Internet. It's way ahead of where Paypal was in its day, and it's much more exciting to its customers than Paypal ever was. Gil Penchina daymeinternetway Ethereum is enabling a new form of financing in ICOs that is like a massive gravitational pull - dragging every entrepreneur with a sense for opportunity into its blackhole-level gravity. Gil Penchina newlikeentrepreneuropportunity When I first started as an angel investor, I was excited to start investing in startups - but I didn't know much. I couldn't tell the good ones from the bad; I didn't understand all these venture capital terms, so I would invest somewhat blindly. Gil Penchina badgoodunderstandangel Any ICO going forward that doesn't use a 'Ticketmaster-style' queueing engine is clearly trying to ruin the ecosystem. Gil Penchina ruingoingforwardtrying When I participate in a Series A deal with VCs, entrepreneur-friendly terms go out the window. VCs remain attached to age-old traditional industry terms. 'Ratchet,' 'carry,' 'vetoes' - you name it. Gil Penchina namegoyouwindow While seed deals have gotten easy, Series A negotiations still often feel like the death of 1,000 cuts. Gil Penchina seedfeeleasydeath Startups are all about breaking the rules and changing the 'natural order' of things. So let's do that for Series A terms. Gil Penchina rulesaboutthingsnatural I started angel investing because I like hanging out with entrepreneurs. Gil Penchina hangingbecauselikeangel All I do is talk to people, email people, take meetings with people, and do interviews. Then I work at maintaining relationships with my investors because the trust people place in me is my business model. Gil Penchina metrustbusinesswork
