Most of the money I make now comes from investments from CrunchFund. And the vast majority of that is what's called carried interest.

The main thing to know about me is that I'm a champion of entrepreneurs and the startups they build. They are my rock stars. If in doubt, I side with them, and that's clear from my writing.

Generally speaking, experience counts for something. So you'd expect entrepreneurs who've been through the ups and downs of a tech startup to have an advantage over the newcomers. Or at least have an equal chance at success. But in fact the opposite may be true. A number of venture capitalists I've spoken with have said that too many "old guard" entrepreneurs are not being bold enough in their business decisions, and it's hurting their startups.

Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.

Our government is just way too interested in mucking around in Silicon Valley by creating and enforcing rules based on little or no understanding of the consequences.

A business model that hasn't been tried before is always interesting, even if it's likely to fail.

Women in my world are respected as much as men.