If your startup is only in the development or idea stage, there is almost no better predictor of failure - I mean, utter failure, scorched-earth bankruptcy - than raising too much money in the first round.

I created jobs and saved the taxpayers money on every road I built.

I do lament how many investors focus on all the short-term sugar buzz of some marginal improvement in something - nothing history books are ever going to be written about. In many cases, these are quick and easy ways to make money.

Money Quotes