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.

I want to be in an industry where the upstarts can grow and displace the incumbents, because that's why there's so much innovation.

There was a clear lesson here — and that was that the Internet loves Mister Splashy Pants.

The best part of being an angel investor is seeing these kids coming up with companies that get way more traffic than Reddit had when we sold it. I think, 'Are you kidding me? They're just kids, and they've done so much.

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.

Because it's so empowering, I want people to think about being entrepreneurial regardless. They don't have to start companies, but that's what makes them great employees, that's what makes them great citizens.

We all have great ideas. No one ever says, "I've got this terrible idea."