It is sort of a bit of a caricature of capitalism, that it's always this zero-sum game where you have winners and losers. Silicon Valley, the technology industry at its best, creates a situation where everybody can be a winner.

Probably the most extreme form of inequality is between people who are alive and people who are dead.

The best entrepreneurs know this: every great business is built around a secret that’s hidden from the outside. A great company is a conspiracy to change the world; when you share your secret, the recipient becomes a fellow conspirator.

Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.

Recruiting is a core competency for any company. It should never be outsourced.

Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women - two constituencies that are notoriously tough for libertarians - have rendered the notion of "capitalist democracy" into an oxymoron.

I no longer believe that freedom and democracy are compatible.