Great CEOs are not just born with shiny hair and a tie.

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.

Almost every dot-com idea from 1999 that failed will succeed.

It was a joke, okay? If we thought it would actually be used, we wouldn't have written it!

The good news about building a company during times like this is that the companies that do succeed are going to be extremely strong and resilient.

Perhaps the single most dramatic example of this phenomenon of software eating a traditional business is the suicide of Borders and corresponding rise of Amazon

Tech stocks are trading at a 30-year-low when compared to the multiples of industrials (companies). Its the weirdest bubble when everyone hates everything.