Do not be scared of the incumbents.

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

The weird thing about reddit is that, for a community its size - now I'm no longer at reddit, but the public traffic numbers that they put out are, I think with the site about eight million unique visitors a month, or every 30 days, which is a fairly big site.

If I didn't believe in rooting for founders and investing in founders, I'd be a bit of a hypocrite.

Let's do 150 stops. Let's go to 75 universities, and let's spread this gospel of Internet entrepreneurship everywhere we go.

You know that Estonia, based largely on how successful Skype was, built by Estonian developers, that was a tenth of the entire country's GDP when eBay bought it. That was like a decade ago, it was f****** Estonia, they were behind the Iron Curtain two decades earlier. They're now pushing for K-12 education in computer science in public schools. They've gotten the message. They know how much value that can bring.

The reality is, there's still so much we haven't yet figured out. There's still so much stuff that has not been made more, frankly, efficient.