Greg McAdoo on Least Valuable Asset
on Wednesday, December 11, 2013Greg McAdoo Money Quotation saying venture capital may be seen as highly valuable, but advice, connections and perspective matter more. Greg McAdoo said:
“The least valuable thing that most investors bring to a company is money” — Greg McAdoo
In this quote, Greg McAdoo is arguing that when investors put money into a company, the financial capital itself is not necessarily the most important thing they provide. McAdoo suggests that other contributions from investors, such as expertise, industry knowledge, business skills, networking connections, mentorship and strategic guidance can often be much more valuable to a company’s success than just the money itself. The quote implies that while funding is necessary, what companies truly need from investors is the human, intellectual and social resources they can offer alongside their monetary investment.