Blog-based businesses have lower cost structures and are more 'authentic,' and as a result are drawing larger shares of ad budgets.

Marketing is for companies who have sucky products.

If you want to create something great and do it faster than the competition, you need to be action oriented.

Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.

Venture capitalists are professional money managers. We are provided capital to invest as long as we can return it to our investors with a strong return in a reasonable amount of time. A strong return is three times cash on cash. A reasonable amount of time is ten years max.

Equity capital is expensive. Every time you do a raise, you dilute.

Being an entrepreneur is hard. Having supportive and caring investors helps.