If you had to buy a new plane every time you flew somewhere, it would be incredibly expensive.
If you had to buy a new plane every time you flew somewhere, it would be incredibly expensive.
The biggest risk is not taking any risk… In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.
I think any statement about stock prices is always suspect unless it’s made by Warren Buffett.
If you’re trying to create a company, it’s like baking a cake. You have to have all the ingredients in the right proportion.
When Ford sells a car, a dealer isn’t allowed to take out the engine and put a different one in. When a newsstand sells the Washington Post, no one can go to the newsstand and pay them to rip out the classified section and put their own classified section in – if they could, they would do so.
You cannot make a giant space company in your dorm room. Not today. And the reason is that the heavy lifting infrastructure isn’t in place.
For you to sleep well at night, the aesthetic, the quality, has to be carried all the way through.
Advertising works most effectively when it’s in line with what people are already trying to do. And people are trying to communicate in a certain way on Facebook – they share information with their friends, they learn about what their friends are doing – so there’s really a whole new opportunity for a new type of advertising model within that.
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