My venture investing career has three phases, all roughly 6-8 years long. The first, at Euclid, was software to Internet. The second, at Flatiron, was Internet to bubble. And the third, at USV, has been web 2 to mobile. I have always used a new firm to denote a new investment phase for me. Throw away the old. Start with the new.

Investing in management means building communication systems, business processes, feedback, and routines that let you scale the business and team as efficiently as possible.

The companies that do the best job on managing a user's privacy will be the companies that ultimately are the most successful.

I generally blog between 5:30 A.M. and 7 A.M. I will from time to time add something during the day, but for the most part blogging is an early morning activity for me.

When I see people laughing at ideas and companies we have backed, I smile. It means we are going to make a lot of money on that investment.

Most adults I know start their Internet session at Google, and most kids I know start their Internet session at either Facebook or MySpace.

I would like to reiterate that I don't want any profiles of me. I am not newsworthy.