Almost everybody who thinks about local thinks about daily deals, but companies like OpenTable and Zillow and Yelp are all getting their money from the local market.

Having an investor on your board of directors who is naive about public markets or finds them complex or scary is non-optimal.

It's not for everybody to tweet, it's for everybody to follow. The more people figure that out, they see it's RSS-plus. It's literally the place you check for information.

If the goal is to build companies that maximize long-term equity value, then optimizing corporate performance in a way that Wall Street appreciates is obviously critical to that goal.

It's really hard to run a business against somebody who is not acting as if it were in business.

Marketing executives like big budgets, as big budgets make it easier to grow the top line.