Joe Lonsdale Quotes

Joe Lonsdale

Profession : Businessman

Birth : September 12, 1982

I work 110-hour weeks.

Joe Lonsdale

I'm always investing and building things at the same time.

Joe Lonsdale

There will be trillions of dollars under Addepar. You will have tons of money and information flowing through it.

Joe Lonsdale

If you can make finance more functional, make it a tiny percent better, you create a great deal of resources, which you can use for other things like education and healthcare.

Joe Lonsdale

I think that the culture at Stanford really shapes how you view the world, and you get a lot more out of an entrepreneurial mindset.

Joe Lonsdale

Being able to access that Stanford alumni network was huge - I actually interned at PayPal while I was at Stanford and learned a lot. Being in that environment and learning about it as a student was really fun.

Joe Lonsdale

A lot of the companies that I am inclined to get involved in have a mission to fix something that is 'broken' in the world.

Joe Lonsdale

In a well-run tech company, small, elite groups who have ownership in the company are given the freedom to define and achieve their tasks in line with a broader mission that they have internalized as their own.

Joe Lonsdale

Addepar not only helps improve private wealth management workflows so that advisors can do a better job at what they currently do, but it also helps build a data-driven and integrated view on top of the many important financial decisions within a client portfolio.

Joe Lonsdale

We created Addepar because we saw a place where a multi-billion dollar global platform clearly should exist - but did not yet - to fix many of the challenges that exist in the finance industry.

Joe Lonsdale

The convertible note is a useful and common financing structure in Silicon Valley. It's a form of debt that is really more a type of equity - one where the valuation hasn't been determined yet.

Joe Lonsdale

We use convertible notes a lot at our fund - 8VC - so often that we just call them 'notes' to save time.

Joe Lonsdale

Entrepreneurship is, in large part, about building something from nothing, which means creating a cause.

Joe Lonsdale

Backing a company is a serious business.

Joe Lonsdale

Traditional hackathons are fun and focused on skill and competition, but we believe that events which focus on the positive social impact of technology engage a wider and more diverse set of participants.

Joe Lonsdale

We want to inspire everyone to recognize the positive social impact they can have if they choose to become technologists.

Joe Lonsdale

CEOs shouldn't worry about their budget all the time - on a day-to-day basis, they should work on managing their company, building an awesome product, developing key relationships, identifying distribution channels, etc.

Joe Lonsdale

A common mistake among new entrepreneurs who have raised large rounds is that they have essentially infinite resources.

Joe Lonsdale

Engineering is the art of managing scarcity - it's easy to design and build a massive bridge that will last forever if cost is not an issue. Similarly, to build a new company, you must manage scarce resources.

Joe Lonsdale

America faces a mounting transportation crisis, and the primary culprit is road congestion. Traffic makes us unhealthy, wastes enormous amounts of time, and cripples national productivity. America needs expanded roads and transportation infrastructure, but traditional gas tax funding is no longer available.

Joe Lonsdale