If you look now, more than ever new entrants, new upstarts, are able to grow so much faster than they could before.

The first step, and the thing that everyone has to do right on the Internet is make something people want.

If I'm at the University of Georgia and I can't inspire this room full of students, OK, fine. I'm not going to take it personally. Maybe a little bit, but I'll be all right.

The stage of investing that I do is seed stage, so it's really early. Here's a pair of founders who maybe have a prototype. They have a little bit of traction, maybe one employee, tops. At that stage, you really, really can only evaluate a company based on those founders and what they've been able to build. It's very, very team driven.

I can't begrudge anyone who opts to get a job instead of creating one for themselves.

If you want to succeed, you've got to be okay to just lose control.

I don't have a crystal ball, but if you can ever put yourself in a situation where you are indispensable - where you aren't part of what looks like a fad, but you actually are a company, a brand that people trust and go to - at this point, you could put some of the mainstays of tech on anything, right?