There are so many startups out there raising money. I don't think this is a bad thing. It's a good thing. Entrepreneurship is in vogue. Innovators are innovating. Makers are making.

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

The Internet is a computing platform built on top of core technology. Applied technology is what gets built on top of that: It's Web services.

Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.

I don't like to talk about myself. I like to talk about stuff that's happening, stuff that's going to happen, and the people who are going to make it happen.

I also like to use a sensational headline. Many people read blogs in aggregators, which generally show only the headline. So you have to give people a reason to click through. Blogs need to be real and personal. Reading it should be like hanging out with you. I play music for my readers. I show them videos I like. I tell them what I did over the weekend. And I tell them what is happening in the technology, Internet, and VC markets.

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