Well, California used to be in the dream-making business, and unfortunately what's happened I think we're now in the dream-breaking business.

When a small business grows like eBay did, it has a multiplier effect. It creates other small businesses that supply it with intellectual capital, goods and services.

We have always said that advertising is just the icing on the cake. It is not the cake.

Problems are good, as long as you solve them quickly.

Guess what? The world changes. eBay has defined e-commerce.

I'm not a career politician. I spent 30 years in business. I can tell you that people in California have had it with career politicians: they are done.

It is very clear that voice communications is moving on to the Internet. In the end, the price that anyone can provide for voice transmission on the Net will trend toward zero.