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Social enables word of mouth at an unprecedented scale. Its most powerful effect, through reviews and recommendations, is to put product quality and value for money as the key to success in commerce. Social brings a level of transparency that prevents marketers from advertising their way to success without underlying product quality.

From Roelof Botha

I am sure innovation will blossom around the world, given that the Internet and mobile platforms enable innovators anywhere in the world to reach a global market with ease.

From Roelof Botha

If you are in Mountain View, you don't resonate with the needs of urban dwellers. Tumblr couldn't have emerged in Sunnyvale.

From Roelof Botha

I try getting in front of as many opportunities as possible, but in the late '90s, I had no idea that I'd end up being CFO of a technology company. I'd no idea what venture capital was.

From Roelof Botha

It's important to choose initial investors who are not twitchy and rushing for an exit. Wall Street's quarter-by-quarter lens may make the CEO make sub-optimal long-term decisions.

From Roelof Botha

Money was invented for a reason. We've seen people try to use beans, etc. and it doesn't work.

From Roelof Botha

At Sequoia, we have opened offices in China and India, and we have made a handful of investments in Latin America/Brazil.

From Roelof Botha

You have to put yourself in a position to be lucky.

From Roelof Botha

Israel has incredible entrepreneurial spirit and a deep bench of technology talent.

From Roelof Botha

You don't want to be the site that people should use. You want to be the site they can't stop using.

From Roelof Botha

Roelof Botha

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