People forget already how much utility they get out of the Internet - how much utility they get out of e-mail, how much utility they get out of even simple things like brochureware online.

Cleverness is a gift, kindness is a choice.

If you're going to invest in an Internet stock, you must be a long-term investor.

If you're not doing something that people will remark on, then it's going to be hard to generate word of mouth.

Any business plan won't survive its first encounter with reality. The reality will always be different. It will never be the plan.

On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It's very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.

Mediocre theoretical physicists make no progress. They spend all their time understanding other people's progress.