There is no silver bullet. There are always options and the options have consequences.

Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.

There is no silver bullet. There are always options and the options have consequences.

In all the difficult decisions that I made through the course of running Loudcloud and Opsware, I never once felt brave. In fact, I often felt scared to death. I never lost those feelings, but after much practice, I learned to ignore them. That learning process might also be called the courage development process.

In my experience as CEO, I found that the most important decisions tested my courage far more than my intelligence.

Until you make the effort to get to know someone or something, you don’t know anything.

Volatility and length, that's the value on an option. 10 years on a startup stock, that's a big valuable thing.