I'm looking forward to my new role, which will allow me to combine my desire to focus more time on getting involved with start-ups with the opportunity to contribute to AOL's future success.

I don't waste time being depressed.

This is a consumer phenomenon and people will care about what it has to offer them. We are not the market going from here on out.

With lower start-up costs and a vastly expanded market for online services, the result is a global economy that for the first time will be fully digitally wired-the dream of every cyber-visionary of the early 1990s, finally delivered, a full generation later.

Almost every dot-com idea from 1999 that failed will succeed.

Newspapers with declining circulations can complain all they want about their readers and even say they have no taste. But you will still go out of business over time. A newspaper is not a public trust - it has a business model that either works or it doesn't.