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.

There is a difference between hiring a CEO and turning over control of the business.

I think 'crazy' is a compliment. I think you make money with people who are crazy.

Not acknowledging that beauty is complex-that's the problem. I enjoy making it complex for people, because that's my world.

Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.

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 believe Android will be stronger in the developing world than it is in the developed world.