People working on bigger ideas on a more protracted timeline will be more on the stealth side. They aren’t releasing new PR announcements every day. The bigger the secret and the likelier it is that you alone have it, the more time you have to execute. There may be far more people going after hard secrets than we think.

The something of somewhere is mostly just the nothing of nowhere.

Big part of the challenge to innovation is that people too easily resign themselves to dying.

Brilliant thinking is rare, but courage is in even shorter supply than genius.

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

All failed companies are the same: they failed to escape competition.

I think that markets classically fail in cases where there are public goods that provide benefits that people cannot capture. The big debate is how big these public goods are, where they exist, things of that sort.