During normal times or boom times, there are some parts of the business that are going to so well, that that can cover for weakness and other parts of the business. What happens during recessions, is you have less windfalls just helping you cover mistakes. You have to be more careful about not making mistakes.

We believe that when the right talent meets the right opportunity in a company with the right philosophy, amazing transformation can happen.

It’s actually pretty easy to be contrarian. It’s hard to be contrarian and right.

I actually think every individual is now an entrepreneur, whether they recognize it or not.

The future is sooner and stranger than you think.

The challenge when you think about product distribution is: how are you competing for potential customers or potential members time?

Silicon Valley is a mindset, not a location.