Iñaki Arrola: K Fund Cofounder on Entrepreneurship and Start-ups

Entrepreneurship and Perseverance

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  Iñaki Arrola has had the unique experience of being both an entrepreneur and an investor, giving him valuable insights from both perspectives.
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  The speaker challenges the false belief that selling a company quickly and making it big is the norm in entrepreneurship, emphasizing that it often takes many years of effort and perseverance.
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  Despite facing challenges and financial difficulties, Iñaki Arrola persevered in his entrepreneurial journey for 10 years, showing determination and resilience.
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  In the world of investment, it is beneficial to have a diverse team that can explore different trends and technologies, rather than focusing solely on specialization.
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  "The Universal language of the 21st century is not English, it is code."
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  "I encourage people to have a lot of optionality in the world of technology, as we have experienced 43 crises and nothing is certain."

Importance of Relationships and Learning

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  Having investors can provide not only financial support but also valuable guidance and expertise, especially for entrepreneurs who may lack certain technical skills or knowledge.
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  "Having good people and good people are the ones that in the end lead and can potentially make you earn money."
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  Through generosity, you can create magic in business and build meaningful relationships.
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  "Sometimes you learn, I can learn from you things that I like about you, and things that I don't like, and that makes me grow in one way or another." - The value of learning from both positive and negative experiences to foster personal growth.