Facebook is becoming the web. Everything you need is there... it is the universe.

The more angels we have in Silicon Valley, the better. We are funding innovation. We are funding the next Facebook, Google, and Twitter.

Pinterest is offering consumers a way to discover things on the web, in a serendipitous way, with a beautiful user interface. So it's offering a whole new paradigm called 'discover' and allowing users to be creative.

Social media is here to stay, and the social phenomenon that is bringing this about is consumers' willingness to share more about themselves, share more about what they're doing... people are even willing to disclose where they're at. And this phenomenon is going to create huge commerce opportunities on the web.

All the biggest companies are based on a founder who had a need, hacked it together, and said, 'Hey, other people might want this.'

You can't learn to be ambitious and driven.