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Jay Samit Quotes


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Quotes by Jay Samit

Showing 31-40 of 95 Quotes by Jay Samit

I tell people: walk around for one month and write down three problems in your life every day. At first it's easy - you got stuck in traffic, you missed your alarm - but by the end of the month you're looking really hard to get your 90 problems. The most common things on your list are now billion-dollar businesses.

~Jay Samit

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I'd been on the Internet since the 1970s when it was just for nerds. I started saying, 'Who would benefit from this?' I started imagining a world where young people could have their own email address, back in the days of family AOL accounts.

~Jay Samit

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You don't need to be an engineer or a tech person to benefit from technology. You can hire them.

~Jay Samit

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Whether by design or circumstance, every startup will eventually get disrupted.

~Jay Samit

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Instead of focusing the traditional planning cycles where companies benchmark their businesses against existing competition, teams need to be developed to foster internal change and disruption. Self-disruption is akin to undergoing major surgery, but you are the one holding the scalpel.

~Jay Samit

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Valuations are actually quite simple to grasp. A company is only worth what two acquirers are willing to pay for it. Don't you just need to find that one buyer? If there is only one potential company interested in buying your startup, chances are you won't be hearing the word 'billion' in the offer.

~Jay Samit

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Every time a twenty-something CEO turns down a multibillion-dollar offer for a company that has little or no revenues, it hits a raw nerve in me. Unlike most professionals, I am not shocked by the seemingly bizarre behavior of those founders who pursue their vision beyond all rational thought or monetary reward.

~Jay Samit

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Zuckerberg rejected $2 billion for Facebook and has successfully created a company worth nearly $200 billion.

~Jay Samit

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In an era of endless innovation and constant disruption, what is any company really worth? How does a startup determine its valuation?

~Jay Samit

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Entrepreneurs always begin the journey believing that they have the next big idea. They dream of the fame and fortune that awaits them if only they had the funding to pursue it. But the reality is that as the product is built and shared with customers, flaws in their concept are discovered that - if not overcome - will kill the business.

~Jay Samit

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Biography

Nationality: American

Type: Businessman

Born: January 31st, 1961

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