I love what Nick is trying to do. We have a lot of concerns about the sustainability of his approach.

If they slide too far, they'll find themselves in the same situation as the Xbox did when they launched the PS2 a year before we entered. That's a hill to climb.

There's a critical need to attract the best people in the world.

The Internet ... was full of sites producing content for free, in the hope that somehow they'd generate revenue from sources that never materialized, whether it was advertising, subscriptions, or a wing and a prayer.

But it is always a challenge to commercialize those inventions.

The Internet ... was full of sites producing content for free, in the hope that somehow they'd generate revenue from sources that never materialized, whether it was advertising, subscriptions, or a wing and a prayer,