Start-ups should be based on radical ideas. There should be a high failure rate for start-ups, because if there isn't their ideas aren't bold enough.

In the startup world, you're either a genius or an idiot. You're never just an ordinary guy trying to get through the day

Rule 1: All rules can be broken. Many (ex-legal and ethical) should be. Most people won't.

I've been a customer of the top venture capital firms, so I know exactly what they do and don't do.

People tend to think of the web as a way to get information or perhaps as a place to carry out e-commerce. But really, the web is about accessing applications.

If we're in a bubble, it's the weirdest bubble I've ever seen, where everybody hates everything.

I love what the Valley does. I love company building. I love startups. I love technology companies. I love new technology. I love this process of invention. Being able to participate in that as a founder and a product creator, or as an investor or a board member, I just find that hugely satisfying.