The multipurpose device will always fail.

Nokia and Research in Motion needed a modern operating system. They could have bought Palm or Android before Google did, but they didn't. Today, it's probably too late, and at the time they would have been criticized for overpaying, but as they say - shift happens.

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

Practically everyone is going to have a general purpose computer in their pocket, it's so easy to underestimate that, that has got to be the really, really big one.

A lot of things you want to do as part of daily life can now be done over the Internet.

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

There was a point in the late '90s where all the graduating M.B.A.'s wanted to start companies in Silicon Valley, and for the most part they were not actually qualified to do it.