If you look at cable networks, they almost always start licensing content wherever they can, so they can build a subscriber base. But then they start doing their own content; it's a pretty well-trodden path.

Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.

I learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.

I'm an HBO subscriber, and I watch a bunch of great shows on HBO.

The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.

I'm on the Facebook board now. Little did they know that I thought Facebook was really stupid when I first heard about it back in 2005.

When you grow up, as I have, in the shadow of Steve Jobs, Bill Gates and others, success is defined as the total global transformation of a market. To achieve that, you need low prices and an attractive offering. It's about trying to make a positive impact on a big scale.