Companies in every industry need to assume that a software revolution is coming.

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

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

Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies

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

Technology is like water; it wants to find its level. So if you hook up your computer to a billion other computers, it just makes sense that a tremendous share of the resources you want to use - not only text or media but processing power too - will be located remotely.

Big breakthrough ideas often seem nuts the first time you see them.