I invested 12.7 million in Facebook when it was a college social network. The first 30 minutes with Mark told me everything I needed to know.
Venture capital is about people not business plans. The best founders rewrite their business plan three times. The worst ones follow it blindly.
AI will be more transformative than the internet. I have reoriented my entire investment strategy around that belief.
When Yahoo offered to buy Facebook for a billion dollars I helped convince Mark to say no. That was a two hundred billion dollar no.
The best founders have a quality you cannot teach. They bend reality. Mark had it. Jensen has it. You know it in the first meeting.
I invest globally because the next Facebook will not necessarily come from Palo Alto. It might come from Beijing or Bangalore.