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.

When my dad was in Vietnam, we lost a parent for a year. Thank God we didn't lose a parent for good.

Customers are a great way to finance a business for many reasons. First, customer financing is typically non dilutive. They want something from you other than equity in your business. Customers also help you fit your product to the market. And customers will help debug and improve the quality of the product.

I'm really interested in the intersection between reputation, identity, and knowledge.

Marketing is for companies who have sucky products.

Skyping with your spouse works well enough, but apparently it is hard to get the kids to hang out on Skype for long.

Profiles aren't journalism.