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American
-
Businessman
Born: 1934
I got my first job the old-fashioned way: I took an elevator to the top floor of many buildings and walked down floor by floor on the stairs going into every firm and asking the receptionist if she knew of any jobs available.
Alan Patricof
Job
Way
Down
Buildings
Our national debt poses a threat to all Americans and is particularly troublesome both for well-established businesses and for those seeking to enter into the marketplace.
Alan Patricof
Debt
Those
National
Our
I think CSR, corporate social responsibility, is something that is becoming front and center.
Alan Patricof
Responsibility
Think
Something
Social
My philosophy, in a nutshell, is to wipe out the greatest amount of risk with the least amount of money.
Alan Patricof
Money
Philosophy
Risk
Greatest
All American consumers have the same needs - to buy great consumer products, with savings and value, and with the convenience of easy delivery.
Alan Patricof
Great
Value
Easy
American
Your initial instincts about investments and people are usually correct. We do a lot of due diligence in this business and most of the time it comes out where we started.
Alan Patricof
Time
Business
People
Your
As someone who understands what's needed for entrepreneurs and start-up companies to succeed, I can tell you there is nothing more integral to their success than operating in a stable financial system.
Alan Patricof
Success
You
Someone
Nothing
The Enterprise Value Tax is unprecedented, punitive, and has no justification in the tax code.
Alan Patricof
Value
Tax
Justification
Code
It's tough, no matter how good your technology is, to police every single comment coming up.
Alan Patricof
Good
Technology
Police
Matter
Every venture capitalist says at some point, 'I wish I could run this company myself' - to be the entrepreneur instead of the investor.
Alan Patricof
Myself
Wish
I Wish
Entrepreneur
I love art; I collect mostly modern art.
Alan Patricof
Love
Art
Modern
Modern Art
I got my first job at a firm called Naess & Thomas.
Alan Patricof
Job
First
Got
First Job
Like many of my friends and associates, I am a life-long Democrat. We have a rock-solid commitment to supporting the political party that we so strongly believe offers the most promising vision of America: one that recognizes the proper role of government, the importance of compassion, and the value of diversity.
Alan Patricof
I Am
Vision
Believe
Government
As a venture capitalist, I invest in people and ideas that are fresh, vibrant, and willing to disrupt the market. As a political donor, I like to see the same energy in the people I support.
Alan Patricof
People
Support
Ideas
Political
It's actually a pretty basic concept: when businesses feel secure and confident, they are more likely to grow, hire, and invest. Conversely, when the economy is unstable, businesses often become much more risk averse, and in many cases, they're forced to make undesirable cuts that affect their bottom line.
Alan Patricof
Feel
Grow
Confident
Risk
In my 40-plus years as a venture capitalist, I have come to appreciate the certainty a healthy economy provides for businesses both large and small.
Alan Patricof
Appreciate
Small
Years
Healthy
In times of huge fiscal deficits, no new revenues can be ignored, and renouncing any becomes well nigh politically impossible.
Alan Patricof
Impossible
New
Well
Any
Google is addictive.
Alan Patricof
Google
Addictive
Cloud computing eliminates capital expenditure, so you can go global very quickly - you don't have to have extensive servers in every country.
Alan Patricof
You
Go
Country
Cloud
It's hard to make small investments when you're a billion-dollar fund.
Alan Patricof
You
Small
Hard
Make
The advent of interactive communications has created an inflection point where it's economical to provide education differently than in the past.
Alan Patricof
Education
Past
In The Past
Where
We've done education nonprofit through our history, and maybe the profit motive will be helpful.
Alan Patricof
Education
History
Will
Done
The only thing... in-store retailing has that online doesn't have is it has the ability to touch, smell, feel, and experience.
Alan Patricof
Experience
Feel
Smell
Ability
I was very early on in taking venture capital abroad: to Europe first, then Asia.
Alan Patricof
First
Europe
Early
Abroad
I didn't understand the culture and what Starbucks was really about. It wasn't a coffee shop. It was really a way of life... we suffer from thinking that since we have it in New York, or it won't work in New York, that it won't work some other place. That's a discipline we keep trying to improve.
Alan Patricof
Life
Work
Coffee
Culture
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