Conventional valuation methods were built for the industrial age. They do not apply to exponential-growth technology platforms.
We spend more on technology than most tech companies our size. That is not a cost. That is the business.
Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.
The Ethereum protocol was not originally designed as a currency. It was designed as a general-purpose blockchain.
The Exponential Age is not a prediction. It is already happening. Most people just have not noticed yet.
We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.
The network state is a highly aligned online community with the capacity for collective action that crowdfunds territory around the world.
India is the new China. Not because it is like China, but because it is the next billion-person market building technology at scale.
Data is the new oil is a terrible analogy. Oil is valuable because it's scarce. Data is valuable because it's abundant.
We built Spark because we were frustrated users ourselves. The best companies come from people solving their own problems.
The lakehouse is not about combining two things. It's about eliminating the need to choose between them in the first place.
If you make something 100x faster, you don't just do the same things faster — you do entirely different things.
We didn't set out to build a better data warehouse. We set out to build data warehousing the way it should have been built if the cloud existed first.
Separating storage from compute sounds like a technical detail. It's actually a business model revolution.
The data warehouse is dead. Long live the Data Cloud.
The browser is the most powerful distribution mechanism ever created. If your product runs in the browser, everyone in the world can use it instantly.
If you can't beat AI, join it. Literally. With a chip in your brain.
The first human patient was able to control a computer cursor with his thoughts within days. Not months, not years. Days.
The bandwidth between your brain and a computer is currently about 10 bits per second when you're typing on your phone. We want to make it millions.
We're not building a medical device. We're building a general-purpose brain interface that starts with medical applications.
The lesson from Ukraine is clear: cheap autonomous systems beat expensive legacy platforms. The $500 drone is the new $50 million fighter jet.
People wave at our vehicles. Kids chase them down the street. That's how you know autonomous delivery is going to work — it makes people smile, not scared.
The camera is the new keyboard. The way people communicate is fundamentally shifting from text to visual, and we're building for that world.
The fax machine is still the backbone of American healthcare communication. That tells you everything about how much room there is for improvement.
Machine learning predicts which products will sell in which stores based on location, category, and patterns from millions of transactions. A boutique in Austin gets different recommendations than one in Brooklyn. That's the moat.
The technology works. The optics are best-in-class. The field of view is the widest in AR. Our problem was never the product — it was finding the right market for it. Enterprise was always the answer.