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.

New York's niche is content, and content is becoming more valuable. Just think about what is more valuable: MTV or the cable system that you use to get MTV? Howard Stern or the radio station you use to listen to him? Ultimately, technology becomes a commodity, and content - real, true branded content - becomes more valuable.

Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.

The fact is that the amount of money startups raise in their seed and Series A rounds is inversely correlated with success

To see things differently requires you to be wired a little differently.

Not only do you have to put yourself in harms way in service of your country, you have to leave your families at home. It is a great sacrifice.

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