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I enjoy not being a public company.
Great CEOs are not just born with shiny hair and a tie.
I don't like to not call a spade a spade.
It's really rare for people to have a successful start-up in this industry without a breakthrough product. I'll take it a step further. It has to be a radical product. It has to be something where, when people look at it, at first they say, 'I don't get it, I don't understand it. I think it's too weird, I think it's too unusual.'
It's much harder these days as a start-up to do physical devices.
So I came from an environment where I was starved for information, starved for connection.
Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies.
An awful lot of successful technology companies ended up being in a slightly different market than they started out in.
I think the tech stock, the public market is still completely traumatized by the dotcom crash. I think the investors and reporters and analysts and everybody is determined to not get taken advantage of again, and that is what everybody who lived through 2000, what they kind of remember.
I've been a customer of the top venture capital firms, so I know exactly what they do and don't do.
Many of the best firms historically in venture capital have been multi-sector.
Tech stocks are trading at a 30-year-low when compared to the multiples of industrials (companies). It's the weirdest bubble when everyone hates everything.
If we're in a bubble, it's the weirdest bubble I've ever seen, where everybody hates everything.
