Having information that the other side doesn't have gives VCs an advantage... they take advantage of entrepreneurs who haven't been through this before... they were totally willing to take advantage of us.
Mitchell KaporI was trying to figure out what to do next, I'd been accumulating ideas for productivity tools - software people could use every day, particularly to help organize their lives.
Mitchell KaporIf Microsoft is the new IBM, Google is the new Microsoft - the defining company of the industry.
Mitchell KaporThat's why it has to be a nonprofit, because a nonprofit is required to take monies it receives and use them for the purposes for which it's chartered by the government. It can't be pocketed.
Mitchell Kapor