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.

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

The Internet has always been, and always will be, a magic box.

Start-ups should be based on radical ideas. There should be a high failure rate for start-ups, because if there isn't their ideas aren't bold enough.

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

If we're in a bubble, it's the weirdest bubble I've ever seen, where everybody hates everything.

There's always more demands than there's time to meet them, so it's constantly a matter of trying to balance them