Many of the best firms historically in venture capital have been multi-sector.
At a certain point in your career - I mean, part of the answer is a personal answer, which is that at a certain point in your career, it becomes more satisfying to help entrepreneurs than to be one.
Whatever you're selling, storage or networking or security, you're going head to head with the incumbent players.
You go on Facebook, you buy social advertising. And you can very cost-effectively target people who are in the market for your product from all over the world.
I feel like I'm constantly falling behind. I feel like every day I'm out of the office I'm falling behind.
I would say the consumer Internet companies - in a lot of ways, if you go inside the consumer Internet companies and you see how they run, it's how all their businesses are going to run.
China should be another United States from an economic standpoint. Beijing should be another Silicon Valley.
I am bullish on the global development. I am bullish on billions of people getting out of poverty.
Jobs are critically important, but looking at economic change through the impact on jobs has always been a difficult way to think about economic progress.
This has been a trend for a long time; the days of lifetime employment are long since over.
The advantage of the consumer businesses is they tend to be much broader-based, much larger number of customers, that tend to over time be a lot more predictable. The advantage of the enterprise companies is they are not as subject to consumer trend,...
To bring out a new technology for consumers first, you just had a very long road to go down to try to find people who actually would pay money for something.
