The Internet will help achieve "friction free capitalism" by putting buyer and seller in direct contact and providing more information to both about each other.
The Internet is the Viagra of big business.
Success in business requires training and discipline and hard work. But if you're not frightened by these things, the opportunities are just as great today as they ever were.
Failure is simply the opportunity to begin again, this time more intelligently.
I think it's fair to say that personal computers have become the most empowering tool we've ever created. They're tools of communication, they're tools of creativity, and they can be shaped by their user.
They say a year in the Internet business is like a dog year.. equivalent to seven years in a regular person's life. In other words, it's evolving fast and faster.
Success in business requires training and discipline and hard work
In this business, by the time you realize you're in trouble, it's too late to save yourself. Unless you're running scared all the time, you're gone.
Most Internet business theorists are really looking at preserving the necks of giant, Fortune 500 companies, rather than promoting the digital, peer-to-peer economy that actually wants to happen.
Eventually you won't think of 'the Internet business.' You'll think of it more like news, weather, sports, but even that taxonomy isn't clear.
Running helped me learn how to deal with failure, and failure is a big part of the Internet business.
Where are we going to reject that easy but flawed process of letting the intelligence services do whatever they want? It's inevitable that it will happen. I think it's going to be where Internet businesses go.
[Sovereignty] would break the American monopoly, but it would also break Internet business, because you'd have to have a data center in every country. And data centers are tremendously expensive, a big capital investment.
I think with every successful consumer Internet business, there will be lawyers that are interested in going after your company, especially when they think that there's a financial incentive.
I don't drive an Escalade; I've never lived on a mansion; I live in a townhouse. Even with my internet business, when I was making just shy of a million and a half a year, I lived in the same house.
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