I think because of the iPhone and the fact that we now have a ubiquitous internet, our creativity in the startup space is 10 times different. Every single industry, every single market, is going to be technology-driven in some way. There's an infinite opportunity for startups because now you can go and solve problems that previously looked like they had nothing to do with technology.

Better to be right about the trend and wrong about the implementation, than the other way around.

In a user lead model, users are bringing in their own technology... and you can build software then, around the user.

If every customer is using your product "correctly", you'll never learn anything interesting about what to do next.

Any time where the delta b/w what is possible and how things work today is at its widest, that's an opportunity to go build new technology.

The only barrier to entry you can create is to consistently build a great product.

The product that wins is the one that bridges customers to the future, not the one that requires a giant leap.