40% of the total number of products bought in fashion eCommerce are never used, what a total waste.
— Federico Marchetti“You have to know who you are, be open-minded, and be ready to collaborate. You have to have thick-skin and be prepared to get your idea ripped apart.”— Will.i.am
The quote archive
Wisdom in fragments
A growing archive of 3,000+ moments, drawn from every interview.
In the last 20 years I believe I have become a hybrid entrepreneur – believing in the power of technology and process, but also in the very deep humanistic point of view. I guess it's a weird mix of Italian with Silicon Valley.
— Federico MarchettiI invested most of our money, not in marketing, but in service. That was crucial to our early growth.
— Federico MarchettiToday, we are asking the opposite question – will luxury brands continue to be sold offline? 20 years after we started, when people were suspicious about whether luxury brands could be sold on the internet, the opposite question is now the big consideration!
— Federico MarchettiI guess that's been my biggest quality – to understand what customer's want, 3 or 4 years ahead of time. That's more or less probably my biggest quality as an entrepreneur.
— Federico MarchettiNot only is it your responsibility as a business to look after your people, environment, community and world.... But if you don't have these kinds of conversations? Shame on you.
— Hamdi UlukayaFounder and CEO of Chobani Greek Yogurt Company
The platform of business is one of the most amazing ways to change society, but I am telling you this as someone who grew up not liking the platform.
— Hamdi UlukayaFounder and CEO of Chobani Greek Yogurt Company
The minute they had a job, the minute they started working, that's when they lost the sense of being a refugee and became part of the community. That was the moment they started to regain their dignity and became independent.
— Hamdi UlukayaFounder and CEO of Chobani Greek Yogurt Company
I give all of you permission whereby, if I change the way I behave, my beliefs, the way we are going, I give you permission to hit me in my face, you need to bring me back to reality.
— Hamdi UlukayaFounder and CEO of Chobani Greek Yogurt Company
Silence is not an option. Businesses have an obligation to make sure their products and services meet the needs of humanity in a way that is not damaging, but healthy.
— Hamdi UlukayaFounder and CEO of Chobani Greek Yogurt Company
Today's business book says: business exists to maximize profit for the shareholders. I think that's the dumbest idea I've ever heard in my life.
— Hamdi UlukayaFounder and CEO of Chobani Greek Yogurt Company
In a certain sense, when things become ubiquitous, they also become 'invisible'. The process of connection has become much less visible, so that the feeling of 'my computer' 'connecting' to 'the Internet' has changed to a feeling that my computer is the Internet.
— Jimmy WalesCo-Founder of Wikipedia & Online Encyclopedia Pioneer
While participatory culture can create a Wikipedia, it is not likely to produce something like the Star Wars franchise. I don't think that's a problem, because I don't think we have to choose between participatory and top-down culture – both will thrive.
— Jimmy WalesCo-Founder of Wikipedia & Online Encyclopedia Pioneer
You know those people starving in Africa? Pretty soon, they are going to be able to call us… to complain. There are people who are likely to have cheap access to reliable International phone calls before they have cheap access to a reliable food supply. That's a remarkable thing to contemplate.
— Jimmy WalesCo-Founder of Wikipedia & Online Encyclopedia Pioneer
With participatory culture, economics dictates that we pour more resources into building an infrastructure platform that anyone can use, so most resources go into empowering 'the long tail'. Small groups of people can come together and make use of a powerful infrastructure to enable them to pursue their own passions and interests, without regard for popularity.
— Jimmy WalesCo-Founder of Wikipedia & Online Encyclopedia Pioneer
Just think about what happens when the next billion people come online, and the next two billion after that. It's a remarkable thing to consider.
— Jimmy WalesCo-Founder of Wikipedia & Online Encyclopedia Pioneer