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Ride-sharing is one of the biggest math problems that's ever been approached, that's ever been attempted to be solved.
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I have one of the self-driving Teslas; it drives itself periodically. It's a marvel of science, but it's still frightening. I think we've got a while before regulators and the general public wrap their heads around the path that will lead to the ubiquity of driverless cars. There's no doubt Uber will be a leader in that space.
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Funny enough, the person who is most bummed out to hear I won't be back is Mark Cuban. Despite what you might surmise from on screen, he and I are actually good friends - just really competitive good friends.
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How can you build something for someone else if you don't have enough familiarity with them to imagine the world through their eyes?
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2009 was one of the busiest, most insane, stressful periods in my entire career. I was raising a bunch of money, buying a bunch of Twitter. I saw my friend fired as CEO of Twitter. Uber was growing like a weed. As these companies get bigger and bigger, there's more and more friction. Being public was the last thing I wanted to do at the time.
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Twitter can afford to build the wrong things. However, Twitter cannot afford to build the right things too slowly.
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Uber is a better company with better math, better predictive supply, better brand, lower pickup times, higher quality of service. They'll absolutely win.
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Effective storytelling is the key to getting users to understand and adopt your product as well as imperative to recruiting team members and future investors.
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For most people, Twitter feels lonely.
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I don't drink coffee. Weird, I know. But I try to stay away from caffeine. That said, we are investors in Blue Bottle, which is delicious!
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When I think about Trump and the GOP, the blood really is on their hands.
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They are desperate for surrogates to get behind Trump, and they can't find anyone who has actually had genuine success who is willing to stand behind him. That is because he is all smoke and mirrors. We know he doesn't have all the money he claims he has.
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When you get into investing, your default stance should be 'No,' because most deals suck. Most deals won't make money. Most companies will fail.
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The old economy with careers and benefits and pensions is gone. There are scary implications to that.
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I have learned a ton about inventory, co-packing, wholesaling, end caps. All these concepts are easy to breeze by in what I do for a living or assume that there is a marketing manager or specialist in one of our companies that handles that.
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I succeeded at venture capital because, for years, I rarely thought about or spent time on anything else. Anything less than that unmitigated full commitment leaves me feeling frustrated and ineffective.
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One of the things that struck me is how authentic 'Shark Tank' is. I don't know how more real it can be. You have no prior knowledge about the entrepreneurs.
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I believe there is no natural ceiling on the revenue Twitter can generate. I also believe that Twitter's reach can become more pervasive and its impact on the world more meaningful.
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I'm good at what I do and still improving as I learn from mentors, founders, partners, friends, family, strangers, my own investors, and the experience itself.
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The passive acceptance of exclusionary words and deeds is not okay.
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It would be a lot cheaper for me not to have to raise tens of millions of dollars to elect progressive candidates who will raise my taxes.
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I want broadband to grow, more mobile devices available, particularly in underprivileged communities. I want STEM education to go ahead and fund the next generation of engineers.
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The idea that there is a meritocracy where anyone from any background really might have the social and economic mobility to rise to the top in Silicon Valley, those are antithetical to a lot of the principles that the Trump administration apparently stands for.
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I think there wouldn't be a Net neutrality debate in this country if we really had a competitive environment for access.