Many entrepreneurs, and the venture investors who back them, seek to build billion-dollar companies.
I think it's embarrassing for our industry that we have such low diversity across senior-level management at all of the mainstream, top-tier venture capital firms.
There are not many people from top-tier venture capital firms who are focused on the seed stage.
I believe Twitter, right now, is just finishing the venture capital phase, getting into a maturity level.
The idea of being a foreign correspondent and wandering the world and witnessing great events, having adventures and covering the activities of world leaders, appealed to me greatly. It was a very glamorous life in those days.
Chinese productivity is the highest in the world but the way they do it is by borrowing the technology from abroad, either by joint ventures or other means.
Every venture capitalist says at some point, 'I wish I could run this company myself' - to be the entrepreneur instead of the investor.
As a venture capitalist, I invest in people and ideas that are fresh, vibrant, and willing to disrupt the market. As a political donor, I like to see the same energy in the people I support.
In my 40-plus years as a venture capitalist, I have come to appreciate the certainty a healthy economy provides for businesses both large and small.
I was very early on in taking venture capital abroad: to Europe first, then Asia.
