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.

If you imagine Maslow's hierarchy of needs, if you can get all those requirements checked off and have all those amazing things that we need to just live lives, but actually get to do the thing that you're really passionate about.

Net neutrality is one where we the people are definitely on the ropes.

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.

You can throw - and we've seen plenty of these kinds of companies - millions of dollars in advertising for a website or a service, and in the end if it's not useful no one's going to use it.

Not everyone is going to end up being a founder of a company, but the skill of being entrepreneurial, having ideas and going through with them - that skill is so important. Everyone should be imbued with it. Because once you have that, once your brain has been wired for that, all these problems, obstacles, all these things start looking like things you can hack.

Having that kind of endorsement and having Paul Graham's readership coming to your site and contributing to it and building the foundation of the community was just a really invaluable way to start Reddit.