Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it.

The stock market's handling of new technology is kind of a joke. We have seen CNBC, CNNfn, Bloomberg, and the like turn into home-shopping networks for stocks. Fund managers and analysts go on TV and sell what's shiny and easy to sell.

YouTube has gotten so big that you're not a standard unless YouTube adopts you. And that's a big fight.

I was a beast in college. I worked hard and I played hard. I was relentless learning about business. I actually snuck into MBA classes my freshman and sophomore years. I wanted to challenge myself to see how I compared to the smartest kids at Indiana University so I was 18 and pretended I was an MBA student.

You learn in life that a lot of things are the result of effort, but some things, in terms of scale, are random.

Get me selling and I can figure out the industry. Once I can figure out the industry I can start a business in that industry.

When you post something, when you text something, you lose ownership of it when you hit enter or send. Who you send it to, where you post it, they take ownership of that information whether you like it or not