The good news is we had this idea of cloud computing. The bad news is we were 10 years too early.

Skype has a great engineering team, which I like to describe as 'all of Estonia.'

At Microsoft, they all rock back and forth like Gates, they wear the same glasses, they have the same hair style. Maybe they grow them in tanks.

No one should expect building a new high-growth, software-powered company in an established industry to be easy. It's brutally difficult.

If you're the village blacksmith and a model T comes along, you better become a mechanic. People's lives are better when they get news online versus having to wait for the morning paper. It's a lot more efficient, a lot more real time, a lot less waste.

People who tell computers what to do, and people who are told by computers what to do.

In 2000, when my partner Ben Horowitz was CEO of the first cloud computing company, Loudcloud, the cost of a customer running a basic Internet application was approximately $150,000 a month.