All the biggest companies are based on a founder who had a need, hacked it together, and said, 'Hey, other people might want this.'
Sentiment: NEGATIVE
There are two kinds of big companies in the United States. There are those who've been hacked by the Chinese, and those who don't know they've been hacked by the Chinese.
It's worth noting that everything - from the Internet to electric cars, genomic sequencing, mobile apps, and social media - were pioneered by startups, not existing companies.
Any company has got to reinvent itself again and again.
That was the division in the hacking world: There were people who were exploring it and the people who were trying to make money from it. And, generally, you stayed away from anyone who was trying to make money from it.
Big companies such as Google and Facebook buy startups at ridiculously high prices - not for their products, but for their people.
One of the perks of being the founder is that you get to build the company in your image.
What we believe at Founders Fund is that technology is a way to help everybody on the planet.
Great companies start because the founders want to change the world... not make a fast buck.
It's more than unsettling to realize there are large companies out there developing backdoors, exploits and trojans.
Facebook, Google, Apple, Yahoo - there's a common theme. None of these companies ever sold. By staying independent, they were able to build a great company.