I don't buy stocks, I make stocks.

Part of company culture is path-dependent. It’s the lessons you learn along the way.

If you double the number of experiments you do per year you're going to double your inventiveness.

Cultures, for better or worse, are very stable.

But there's so much kludge, so much terrible stuff, we are at the 1908 Hurley washing machine stage with the Internet. That's where we are. We don't get our hair caught in it, but that's the level of primitiveness of where we are. We're in 1908.

The thing about inventing is you have to be both stubborn and flexible. The hard part is figuring out when to be which.

Obsess about customers, not competitors.