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.

(On soft launches) It allows you to test your assumptions and see which ones you got right, and more, importantly, which ones you got wrong. A big hard launch is expensive. Getting even one thing wrong can force you to go out of business.

Here's how I think of my money - as soldiers - I send them out to war everyday. I want them to take prisoners and come home, so there's more of them.

I never, ever, ever let emotion get in the way of an investment.

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

What I'm trying to do is immerse myself.

When you're travelling, your day is jam-packed. I just don't have time to whip out a PC all the time. But I can whip out a BlackBerry and tweet. I keep a constant diary of where I'm at and why I'm there.