Don't be afraid to change the model.

Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.

Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.

But it may be one of our best markets in the long term because when the Japanese society embraces a brand it is a very deep connection, so we're willing to make that investment knowing that it's not the quick route to success that might be in other countries.

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.

Be brutally honest about the short term and optimistic and confident about the long term.

On the Internet you get continuous innovation, so every year the streams are a little better.