The more entrepreneurs in the world that are getting their ideas financed, the more great companies there are going to be that we can all invest in.

Games are the most social of all things on the web.

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.

All markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles.

Money is information, like bits.

Don't try to solve the entire problem on day one.

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