You can't fully appreciate the value of cash until you see something to buy at a terrific price and don't have it.
We are all very lucky to be in this industry at this time. The blockchain industry is still in its infancy.
I have never seen anything in my career with a risk/reward as good as Bitcoin right now.
Crypto is not a trade. It is the largest wealth creation opportunity of our lifetime.
The people who beat me to Bitcoin by five years made more money than me. The people who wait five more years will wish they started today.
Crypto is the most accessible wealth creation tool in history. Anyone with a phone and an internet connection can participate.
Cybersecurity is the biggest business opportunity of the next decade. Every breach headline is a sales call.
The best investment I ever made was a cold email. It cost nothing and changed everything.
The best time to buy is when there's blood in the streets, including your own.
Angel investing is the greatest wealth-creation vehicle in the history of capitalism.
American investors ignore international markets. That's where some of the best opportunities are hiding.
Live commerce is already a $500 billion market in China. The US is years behind. We're not creating a new behavior — we're importing one that already works.
Every SaaS company that wants to sell to enterprises needs SOC 2. That's not a niche market — that's every ambitious software company on the planet.
Standing on the right wind, even pigs can fly. The key is to find the wind — not to be a better pig.
Ten million baby boomers own small businesses they want to sell. There aren't enough buyers. That supply-demand imbalance is the biggest wealth-building opportunity of our generation — and almost nobody is talking about it.
Banks retreated from middle market lending after 2008. We walked right in. That gap has been the source of $400 billion in assets for us.
I helped build the technology at Google that became Waymo. Then I left to bet on trucks, because highways are simpler and trucking is an $800 billion market.
When CrowdStrike crashed 8.5 million machines in July 2024, every CISO in the world asked the same question: do we really want one vendor with this much power? That question is our opportunity.
We sold Blue Coat for $4.65 billion. Then I looked at the mid-market and realized 90% of companies had zero security operations. That was the opportunity.
India has 1.4 billion people and most of them are discovering the convenience of delivery for the first time. The market is just starting.
When Modi banned 86 percent of cash overnight 300 million Indians needed a way to pay. Paytm was ready.
Black and Latino communities have 1.2 trillion dollars in spending power. That is not charity. That is a market.
The best time to buy is when nobody else wants to buy. I've made my fortune buying in downturns.
There are over 860,000 restaurants in America. We have 120,000. The runway is long.
We process $40 billion annually. That's still less than 10% of the global remittance market. The opportunity is massive.
Medicare Advantage is a $400 billion market. If we can do it better than the incumbents, the opportunity is generational.
Our voice app failed. But the analytics tools we built to understand why it failed became a billion-dollar company.
Every business with recurring revenue — SaaS, streaming, insurance — can use Pipe. The market is massive.
Indonesia has 270 million people and a booming digital economy. GoTo is the default app for daily life.
The used car market in Latin America is massive and completely unstructured. Structure creates value.
Every satellite needs an engine. There are thousands of satellites being launched. The propulsion market is massive.
Africa has 1.4 billion people with growing smartphone penetration and broken payment infrastructure. We're building the fix.
European insurance is a trillion-dollar market. Even a small share is a massive business.
Excellence in one area creates opportunities in every area. Master something and doors open.
India has 280 million households. Online grocery penetration is 2%. The opportunity is insane.
Every e-commerce merchant needs shipping. The TAM is literally everyone who sells online.
Single-family rental is a $4 trillion asset class with no efficient marketplace. That's our opportunity.
The gap between what the market thinks about emerging market tech and what's actually happening is where all the money is.
SARS shut down offline retail in 2003. I moved my business online. The worst crisis became the best opportunity.
Africa has 1.4 billion people who need affordable food and goods. That's not a risk. That's a certainty.
I want OYO to be a company where a 19-year-old from a small town can walk in and build something great.
India has the resources to be the next China. We are sitting on trillions of dollars of minerals we have barely touched.
Governments sell assets at political prices, not economic ones. That gap is where opportunities are created.
Women's sport is massively undervalued. The fans are there. The athletes are world-class. The investment gap is pure opportunity.
The best investment in sports right now is women's sport. The talent is elite. The fans are loyal. The media rights are still cheap. That combination does not last.
When banks are forced to sell, they don’t care about getting fair value. They care about getting it off their books. That’s our advantage.
Every financial crisis creates more inventory for people like us. We’re the cleanup crew.
The best deals happen when sellers are desperate and buyers are scarce. I make sure I’m always the buyer who shows up.
Latin America is the most mispriced region in global finance. The volatility scares people away, and that creates opportunities.
The SaaS playbook is well-understood now. The AI playbook is being written. That’s where the alpha is.
Small businesses are 99% of American companies. Serving them at scale is one of the biggest opportunities in tech.
The Pentagon spends $800 billion a year and most of it goes to five companies using 1990s technology. That’s the opportunity.
Palantir taught me that the government is the ultimate customer. They have real problems, unlimited budgets, and terrible existing tools.
You always need luck, right? But it's important that when luck appears you are there working, right? If you are at home, you probably cannot benefit from the opportunities.
Your zip code should not determine your career. The best talent is everywhere. The opportunity is not. That is what we are changing.
India has 1.4 billion people and most of them have never bought an insurance policy. The opportunity is not market share. It is market creation.
Regulated industries scare most investors. That is exactly why the returns are so good.
When China opened its doors in 1979, I was the first one to walk in. Everyone else was still thinking about it.
Wellness is a $1.5 trillion global industry. Somebody has to make the software that runs it. That somebody is us.
The worst thing you can do is miss a major trend. Missing the bus is worse than being on the wrong bus.
The best investments are the ones that sophisticated investors have given up on.
I spent twenty-four years advising bankrupt companies. Then I realized I should be buying them.
The crisis was an opportunity for us. While others were pulling back, we saw good assets at fair prices.
The Gulf is one of the most dynamic consumer markets in the world. Young populations, rising incomes, a love for international brands. It is a remarkable place to be in business.
Africa's greatest asset is not its oil or minerals. It is its young population. Two billion people by 2050 — that is an opportunity, not a burden.
Africa is the biggest untapped opportunity in the world. The question is not whether to invest in Africa — the question is how quickly.
Africa is not a risk — Africa is the opportunity that others are too afraid to see.
We started TechnoNIKOL in 1992 with an idea and borrowed equipment. Russia was chaos. That was exactly the right moment to start.
Africa is the last great frontier for business. The infrastructure gap is not a problem — it is the opportunity.
In India, the biggest opportunities are always in plain sight. People just don't have the conviction to act on them at scale.
You do not wait for opportunity in this business. You build the machine that creates opportunity. Then you invite others in.
There has never been a more exciting time to be in the business of storytelling. The audience has never been larger, or more global.
I did not create my own good fortune. I was given a huge leg up by having been born in the United States to a family that could provide education, nutrition, and safety.
Talent is distributed equally around the world, opportunity is not.
If you have $118 billion of cash in your pocket and nobody can take it away from you when things get cheaper, that's called a good day.
We see current liquidity constraints as an opportunity right now.
Difficulties are not abysses, difficulties are stairs. When difficulties are gone, there is no opportunity for the people who come after.
The next billion people are coming online in our region. It's a huge opportunity and an equally huge pool of talent in the region is set to make the most of it.