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There's nothing wrong with raising venture capital. Many lean startups are ambitious and are able to deploy large amounts of capital. What differentiates them is their disciplined approach to determining when to spend money: after the fundamental elements of the business model have been empirically validated.
Eric Ries
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"There's nothing wrong with raising venture capital. Many lean startups are ambitious and are able to deploy large amounts of capital. What differentiates them is their disciplined approach to determining when to spend money: after the fundamental elements of the business model have been empirically validated."
— Eric Ries #moneywealth

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There's nothing wrong with raising venture capital. Many lean startups are ambitious and are a…

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There's nothing wrong with raising venture capital. Many lean startups are ambitious and are able to deploy large amounts of capital. What differentiates them is their disciplined approach to determining when to spend money: after the fundamental elements of the business model have been empirically validated. — Eric Ries

About Eric Ries

Eric Ries was a Businessman from United States (1979–present).

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Frequently Asked Questions

Who said "There's nothing wrong with raising venture capital. Many lean startups are ambi…"?
This quote is attributed to Eric Ries, a Businessman from United States.
When did Eric Ries live?
Eric Ries lived from 1979 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.