Money, while clearly helpful in solving myriad problems, can often conceal a business's real flaws. It can also risk rigidifying a company's business model at the very moment it should be in 'customer discovery' mode or iterating around market opportunities.

More Quotes by Maelle Gavet

While I accept that large investment rounds will always garner headlines, it's almost as if the magic number of how much cash you've managed to raise has become both a stamp of approval and the main metric for gauging a business's true worth.

I can tell you that when you're counting every penny, knowing that you are a single bad decision away from bankruptcy, you inevitably lose focus on what really matters for your business.

The Russians are not as addicted to coffee as the Americans. We should work on that!

Russia is an amazing country to be an entrepreneur.

Everyone in the United States asks me about being a woman CEO. To be honest, it has had no impact on my career. While I was at BCG, it didn't matter whether you were a man or a woman. The only thing that mattered was that you were good at your job.

The goal wasn't to create a billion-dollar company. The goal was to create something useful where I could learn things.