innovation

“And I fear that some of the policy reactions to some of the hardships of our time are people that want to Take the exact opposite approach rather than enable innovation. They want to lock it down and prevent it from happening, which I think will have catastrop…”

“I personally think that oversupply of capital is historically a good thing for innovation insofar as it creates higher degrees of entropy.”

“If you have a business that's focused on innovation at the core, that's not actually a business. It becomes a business when that innovation becomes product, becomes distribution, when it has an advantage on data and other things. Those are real moats.”

“True innovation happens through iteration, right? You start working on something and you iterate, you do this thing one percent different, this thing one percent different, and then the aggregate impact ends up being something completely innovative.”

“What Europe is going to try to do is overregulate everything and just completely destroy innovation.”

“My concern is around entry prices and what, and whether that would Limit innovation at some point in time because disappointment would show up.”