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I think Yahoo has been doing so many things well for so long and, frankly, got a little trapped in, I think, 'Oh, what is Yahoo?'

Unfortunately, because of the breadth of what Yahoo does, they sort of became mediocre in so many properties.

Not only does Yahoo! have a unique franchise, it increasingly has industry-leading tools, technology and, most importantly, people.

Yahoo is a company that is very strong in content.

There really was nothing like it at the time. We had good ideas for implementation, so we proceeded. I think it was an excellent solution to the reliability issues with existing search engines.

The thing that's been really surprising about the evolution of Facebook is - I think then, and I think now - that if we didn't do this, someone else would have done it.

The important thing to remember with the Internet is that there are large companies that have an interest in controlling how information flows in it. They're very effective at lobbying Congress, and that pattern has locked down other communication media in the past. And it will happen again unless we do something about it.

The Internet has changed the way we communicate with each other, the way we learn about the world and the way we conduct business.

In a single generation, the Internet has given to virtually every person on the face of the earth the ability to communicate with fellow human beings on virtually any topic, at any time, and in every nook and cranny on the globe. This magnificent invention has done this without succumbing to government control.

Now along comes the potential creative destruction brought by a different distribution methodology, the Internet.