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The most important thing is the quality of the entrepreneur. I always bet on the jockey, not the horse.

investing— Stanford eCorner Talk, 2012
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If you're not adding value to your portfolio companies, you're not doing your job. Writing a check is the easy part.

value-add— Fortune Interview, 2011
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I've been wrong on most of my investments. The ones I was right on just happened to change the world.

failure— Wired Profile, 2013
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Founders should call me before they call anyone else. Not because of my money — because I'll actually pick up the phone.

founder-relationships— TechCrunch Disrupt, 2015
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The valley runs on trust and reputation. You can lose it in one deal. I've spent thirty years not losing it.

reputation— Bloomberg Interview, 2016
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Don't wait for the perfect company. Back the right person and help them build it.

investing— SV Angel LP Meeting, 2014