I have to think my success in the VC business was due in no small part to seeing Larry Ellison in action back in the day.
Sentiment: POSITIVE
We worked personally with a lot of great VCs. They just work incredibly hard at supporting entrepreneurs and their companies.
One thing that has made us so successful is that we've never taken outside investment. That means we can concentrate on what our customers want - not what the stockholders or the VCs want.
In every business I had ever started, even ones that had totally failed, I had kept good relations with the investors.
One of the biggest mistakes entrepreneurs make is not understanding the relationship they have with their investors. At times, they confuse VCs with their friends.
I was experiencing all the success the entertainment industry has to offer, but I knew there had to be something more. It was sort of through that God prepared me to hear about His great plan.
As I became a venture capitalist, it's almost like I went to the dark side for a while.
I realized that, after tasting entrepreneurship, I had become unfit for the corporate world. There was no turning back. The only regret I had was having wasted my life in the corporate world for so long.
I'm simply a businessman who has seen his share of failures and successes.
I don't think a lot of people have been entrepreneurial about venture capital.
I'd been a great angel investor, but professional venture capital was clearly not the right thing for me.