I love what the Valley does. I love company building. I love startups. I love technology companies. I love new technology. I love this process of invention. Being able to participate in that as a founder and a product creator, or as an investor or a board member, I just find that hugely satisfying.

The advantage of the consumer businesses is they tend to be much broader-based, much larger number of customers, that tend to over time be a lot more predictable. The advantage of the enterprise companies is they are not as subject to consumer trend, fad, behavior.

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

It was a joke, okay? If we thought it would actually be used, we wouldn't have written it!

If you think you can execute a previously failed idea, you just have to be able to show that now is the time.

There's a new generation of entrepreneurs in the Valley who have arrived since 2000, after the dotcom bust. They're completely fearless.

The multipurpose device will always fail.