Inventing your dream is the first and biggest step toward making it come true.

Lesson number one: opportunity can be manufactured. Yes, you can wait around for the right set of circumstances to fall into place and then leap into action but you can also create those set of circumstances on your own. In so doing, you manufacture your own opportunities. This has helped me immeasurably.

You can shut down a service, and yet people will find ways to communicate.

I was writing and developing software for alumnae to be able to connect and communicate.

When you think of a social network, you have these two-way interactions: "Are you my friend? Yes? No? Yes?" Like LinkedIn, it's business oriented, but it's all about establishing connections. You connect to me through my other connections, and that sort of thing, and you sort of define who your friends are. Twitter doesn't have that.

We can break news really fast. When an earthquake happens, there are people Twittering about it.

We realized we weren't really using Odeo, we weren't investing our own time creating podcasts. We were building a tool that was a great idea for some other people. That's a dangerous way to go because if you don't actually use it yourself and love it, then you aren't going to be as fully invested in it from the start. That's what leads you to doing side projects.