AOL has a great collection of brands, and the question is, 'Can they innovate and scale their business?' And those are very challenging things to do. But I think they are well positioned to grow.

That's one of the things I love about entrepreneurship is that if you see something that you don't like - and if you think you have a better idea - you can pursue your model.

I have hundreds if not tens of thousands of fans... The people who have negative things to say are typically loser-type people who are probably in some cases mentally ill.

Near-death experiences give you balance. You become more worldly. Your ideas become bigger.

The down market favours the small two-, three-, four-person company, not the huge company with 100 people losing half a million dollars a month.

The idea is that angel investors are supposed to be wealthy people supporting people who need funds, typically who are not wealthy, and don't have the ability to do it themselves.

I don't need YouTube's money. I have my own money.

I ain't gonna work on YouTube's farm no more.

Even if you're a relatively small player in search, that can still mean a company that's worth several billion dollars.

My mission is to grow business in Silicon Alley.

The wisdom of the crowds has peaked. Web 3.0 is taking what we've built in Web 2.0 - the wisdom of the crowds - and putting an editorial layer on it of truly talented, compensated people to make the product more trusted and refined.

I am a huge fan of capitalism and a huge fan of entrepreneurship and changing the world with technology and with entrepreneurship. Capitalism is awesome. To me, capitalism is my religion.

The balance of power shifts on the Internet to the individual. This is a two-way medium.

YouTube has made a lot of changes to support time on site - a statistic they care about. But subscriber support is lacking.

When I was coming up as an entrepreneur, I had to fight for everything I got, and there was no clear roadmap of how to be successful.

TechCrunch is the publication of record, but they're so bad and uninformed. It's insult after insult. When I play poker with other VC's, we all laugh at TechCrunch.

Imagine being 30 years old, thinking you were a media titan, and now you are labeled a 'scam artist.'

Jon Miller would be amazing for Yahoo because he is extremely good at building display advertising businesses and buying young startups.

Fire people who are not workaholics.

When it comes to individual bloggers, they have many choices now that include blogging for a network or going solo.

America might be a dying empire, but it's not going to die in our lifetime - and it doesn't have to die at all.

While people are quick to praise the wisdom of the crowd, being an old-school journalist, I look at the wisdom of the crowd and know it can quickly turn into a mob mentality.

I've gotten more press than any entrepreneur could dream of - certainly more than I deserve - and I've never had a public relations firm working for me.

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.