When I see people laughing at ideas and companies we have backed, I smile. It means we are going to make a lot of money on that investment.

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

Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.

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

Building product is not about having a large team to manage. It is about having a small team with the right people on it.

Marketing is for companies who have sucky products.

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.