I keep anywhere between 5-10 percent of my net worth in venture ideas.

The definition of leadership is that you have to find great people and ask them to do extraordinary things. I've been doing that my whole life.

People say that I can't speak French. C'est pas vraiment placé. I'm getting better every day. I just have to keep practising. That's the truth.

All businesses require capital, management and labor, and business executives, wanting to grow and maintain profitable enterprises, have a strong incentive to keep costs, including labor, as low as possible.

I have no baggage in politics. I've never been a politician. I don't owe anybody anything.

There's only one side with me. You get the right side. You get the correct version of the facts.

Imagine how foolish you'd look if, like one clever salesman who once pitched to me, you tried to license your product to a big industry player without knowing they just launched a competing product. With the right background research, he could have avoided that and other landmines - and so can you.