It's a horribly mismanaged company-probably a lot of pot smoking going on there.

Anyone who prefers owning part of your company to being paid in cash reveals a preference for the long term and a commitment to increasing your company's value in the future.

Of the six people who started PayPal, four had built bombs in high school.

There are many more secrets in the world that are waiting to be found. The question of how many secrets exist in our world is roughly equivalent to how many startups people should start.

Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.

I no longer believe that freedom and democracy are compatible.

Thinking about how disturbingly herdlike people become in so many different contexts - mimetic theory forces you to think about that, which is knowledge that's generally suppressed and hidden. As an investor-entrepreneur, I've always tried to be contrarian, to go against the crowd, to identify opportunities in places where people are not looking.