I enjoy not being a public company.

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'

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

One of the advantages of moving quickly is if you do something wrong you can change it.

One of the advantages of moving quickly is if you do something wrong you can change it. What technologies tend to do is they tend to make a lot of mistakes... but then we go back and aggressively attack those mistakes - and fix them. And you usually recover pretty quickly.

You are cruising along, and then technology changes. You have to adapt.

People tend to think of the web as a way to get information or perhaps as a place to carry out e-commerce. But really, the web is about accessing applications.