There is a difference between hiring a CEO and turning over control of the business.
Equity capital is expensive. Every time you do a raise, you dilute.
Blog-based businesses have lower cost structures and are more 'authentic,' and as a result are drawing larger shares of ad budgets.
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.
Markets come and go. Good business don't.
I believe Android will be stronger in the developing world than it is in the developed world.