The smartphone revolution is under-hyped, more people have access to phones than access to running water. We've never had anything like this before since the beginning of the planet.
Ten to 20 years out, driving your car will be viewed as equivalently immoral as smoking cigarettes around other people is today.
Every kid coming out of Harvard, every kid coming out of school now thinks he can be the next Mark Zuckerberg, and with these new technologies like cloud computing, he actually has a shot.
Almost every dot-com idea from 1999 that failed will succeed.
Skype has a great engineering team, which I like to describe as 'all of Estonia.'
Breakthrough ideas look crazy, nuts. It’s hard to think this way — I see it in other people’s body language, and I can feel it in my own, where I sometimes feel like I don’t even care if it’s going to work, I can’t take more change. O.K., Google, O.K., Twitter—but Airbnb? People staying in each other’s houses without there being a lot of axe murders?
More and more major businesses and industries are being run on software and delivered as online services - from movies to agriculture to national defense.
An awful lot of successful technology companies ended up being in a slightly different market than they started out in. Microsoft started with programming tools, but came out with an operating system. Oracle started doing contracts for the CIA. AOL started out as an online video gaming network.
A lot of things you want to do as part of daily life can now be done over the Internet.
One of the advantages of moving quickly is if you do something wrong you can change it.
Start-ups should be based on radical ideas. There should be a high failure rate for start-ups, because if there isn't their ideas aren't bold enough.
Health care and education, in my view, are next up for fundamental software-based transformation.
Smart tech investor thinks about: a) future product roadmap, b) bottoms-up market size & growth, c) talent and skill of team. Essentially you are valuing things that have not yet happened, and the likelihood of the CEO and team being able to make them happen. Finance people find this appalling, but investors who do this well can make a lot of money.
If you think you can execute a previously failed idea, you just have to be able to show that now is the time.
There is the opportunity to do more and better if you're smaller and more nimble.
Great CEOs are not just born with shiny hair and a tie.
The great companies get built by their founders
Companies in every industry need to assume that a software revolution is coming.
An awful lot of successful technology companies ended up being in a slightly different market than they started out in.
There is a constant need for new systems and new software.
With lower start-up costs and a vastly expanded market for online services, the result is a global economy that for the first time will be fully digitally wired - the dream of every cyber-visionary of the early 1990s, finally delivered, a full generation later
Qualified software engineers, managers, marketers and salespeople in Silicon Valley can rack up dozens of high-paying, high-upside job offers any time they want, while national unemployment and underemployment is sky high
Google is working on self-driving cars, and they seem to work. People are so bad at driving cars that computers don't have to be that good to be much better.
Newspapers with declining circulations can complain all they want about their readers and even say they have no taste. But you will still go out of business over time. A newspaper is not a public trust - it has a business model that either works or it doesn't.
A very large percentage of economic activity is shifting online and it makes sense that there are more services that are going to charge. It also means there are going to be more people willing to pay.
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