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There would really be no reason to get up in the morning if Founders Fund was not willing to invest in companies that were doing important things, great businesses that very few people believe in.

We're only going to invest our shareholders' money where we think they can get the kind of returns they expected when they invested their money with Exxon Mobil.

I think this is also a great time to invest in private equity, helping companies grow from the ground up.

The more entrepreneurs in the world that are getting their ideas financed, the more great companies there are going to be that we can all invest in.

I'm very, very bullish about our prospects, and as I tell our board, as I tell our employees, this is the time to invest. There's so much opportunity. Let's just invest in that opportunity, and really get after it.

Your initial instincts about investments and people are usually correct. We do a lot of due diligence in this business and most of the time it comes out where we started.

Our criteria is that it's okay to invest in companies so long as they stop lobbying in Washington, stop exploring for new hydrocarbons, and sit down with every one else to plan to keep 80 percent of the reserves in the ground.

Once investors come in, it's hardly your company anymore!

I really did believe that the most successful investments were the ones that you could own for the long run.

We aren't going to let our first investment be the best.