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So I think the winners in recession are the people who produce new technology that does things better, which people really want.

If you look at, you know, the limitations of creating new products, you're only limited by the technology that you have to work with.

Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism's creative destruction of slower industries.

People stop buying things, and that is how you turn a slowdown into a recession.

The recession's high unemployment rates may have encouraged people to start sole proprietorships, but there are many obstacles in the way of growing a company to create jobs.

Every time there is a recession, consumers will typically be more cautious, more conservative, take more time, and make more serious price-performance trade-offs.

In a recession, you must be able to call into question everything you've done before.

I came up with the idea that I wanted to develop products because I saw services businesses being a dead end long term.

First of all, every new company today is being built in the face of massive economic headwinds, making the challenge far greater than it was in the relatively benign '90s.