There's a new generation of entrepreneurs in the Valley who have arrived since 2000, after the dotcom bust. They're completely fearless.

I've been an entrepreneur three times. I started three companies.

Innovation accelerates and compounds.

There is a constant need for new systems and new software.

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

It's an old - and true - cliche that VCs rarely actually say 'no' - more often they say 'maybe', or 'not right now', or 'my partners aren't sure', or 'that's interesting, let me think about it'

When I talk to entrepreneurs today, I feel like the grandfather who was in the Civil War.