There is a much bigger issue with student loan rates, the cost of tuition; those are some huge problems that need to be resolved.

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.

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.

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

Nothing will replace good journalism.

Do not be scared of the incumbents.