I always had the old-school model that I'm going to work for as long as I'm relevant and focus on for-profit activities and someday when I retire I'm going to learn about philanthropy.

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

When you're dealing with machines or anything that you build, it either works or it doesn't, no matter how good of a salesman you are.

I know where I'm putting my money.

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.

In short, software is eating the world

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