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You can't have personal investors anymore because it's too expensive, so you have to have corporate investment or a lot of rich people.

Anytime there is a new, interesting space that comes along, there are a bunch of companies that enter the market.

I don't invest in companies where my mental model is that they need to get themselves acquired in the next few years - or ever.

Every venture capitalist says at some point, 'I wish I could run this company myself' - to be the entrepreneur instead of the investor.

So many folks in the venture capital business are sheep that just want to follow the herd. They are momentum investors purchasing highly illiquid investments. That is a recipe for disaster.

Beware angel investors: they can be disruptive.

Let's take a timeout. Let's allow investors the opportunity in a period of market calm to re-examine what's happened and to deploy new strategies into the marketplace.

We make a series of investments, some will pan out and some won't.

You know, a lot of people are just interested in, in building a company so they can make money and get out.

Venture capital is always wanting to go up market.