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

I think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest rates, and to some extent, that increases asset values across the board, including in startups.

What important truth do very few people agree with you on?

There is perhaps no specific time that is necessarily right to start your company or start your life. But some times and some moments seem more auspicious than others. Now is such a moment. If we don’t take charge and usher in the future - if you don’t take charge of your life - there is the sense that no one else will.

Moving first is a tactic, not a goal.

The value of failure is greatly over-rated. It's a preposterous myth.

We might describe our world as having retail sanity, but wholesale madness.