What one realizes there is that we are not in control of the [reddit] community, in any way, shape or form. We have no power over it and so we've lost this total control.

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

Hundreds of these companies I've seen since the beginning stages - including Dropbox and Airbnb - one of them has actually been crushed by an incumbent. The Googles, the Twitters, the Facebooks, they might be someone to acquire you, which is not necessarily a bad position to be in.

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.

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

The surveillance state has run amok. Technology that's enabled us to send selfies 24/7 - not that valuable - has also enabled us to be spied upon us 24/7.

Do not be scared of the incumbents.