The blogosphere is real, and it can be really harsh on fakes... so, if you're a phoney, you're going to get your bell rung.

Commercial real estate is really a black box: its super opaque, and it's hard to get the information.

Instant access to anything is the future. So if you need a tutor or a baby sitter or a massage or any service, it's going to be instantly available, 24 hours a day, through your phone, with one click.

If you are delusional, sometimes the reality catches up with your delusion, and then all of a sudden you are a genius.

Got his bell rung. Give Davie credit for knocking him out of the game for a while.

You have to have a big vision and take very small steps to get there. You have to be humble as you execute but visionary and gigantic in terms of your aspiration. In the Internet industry, it's not about grand innovation, it's about a lot of little innovations: every day, every week, every month, making something a little bit better.