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.

In short, software is eating the world

An awful lot of successful technology companies ended up being in a slightly different market than they started out in.

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

The smartphone revolution is under-hyped, more people have access to phones than access to running water. We've never had anything like this before since the beginning of the planet.

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.

Qualified software engineers, managers, marketers and salespeople in Silicon Valley can rack up dozens of high-paying, high-upside job offers any time they want, while national unemployment and underemployment is sky high