The Internet is, as a communication platform and a learning platform, unparalleled because whether you want to learn something or share something, it's simply a few clicks away.

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.

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?

I often think of a quote from entrepreneur Jim Rohn: 'You are the average of the five people you spend the most time with.' Surround yourself with people who are doing interesting things, who are thinking interesting thoughts, who challenge you to be better, and who come from a diverse set of backgrounds and experiences. That, combined with appropriate moments of 'me' time, provides the perfect breeding ground for great ideas. And whatever you do, don't get hung up on what competitors are doing. Be aware of what's going on in the industry, but don't let it dictate your own creative process.

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.

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

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