Consumer Internet Quotes

Because everybody else was investing in the consumer Internet, I did, too.

I focus on consumer Internet. Sometimes it's a working prototype; sometimes it's an idea on a napkin. I don't do a ton of deals a year, and I really like working with startups - it's the only way I can invest. It fits my ADD brain.

Over the past 10 years, the majority of value creation in the venture community has been in consumer Internet.

Yahoo is still in many ways the definitive brand of the consumer Internet, but I don't think they can or should compete with Google any longer. That game is over.

People generally worry about social networking more than they need to. In kind of consumer internet investing and on social and professional networks, I kind of look at time spending and time efficiency. You know, time saving sites. So on time spending sites, things where you play lots of games or that sort of thing, you might worry about a productivity loss if people are spending a lot of time doing that. So if there's a lot of kind of addictive gaming going on during work hours, that won't be as helpful to you.

China rightly identified consumer Internet as important and moved to protect it, and we need to do the same in India.

Yahoo is a battleship. If you've ever seen a battleship, they're gigantic, and Yahoo is gigantic in the terms of consumer Internet companies. To turn a battleship takes a long time, but once you turn that battle ship the right way, it's a battleship, and it can really inflict some damage on an enemy or competition.

I think with every successful consumer Internet business, there will be lawyers that are interested in going after your company, especially when they think that there's a financial incentive.

Many consumer Internet business executives are loyalists of the Lifetime Value model, often referred to as the LTV model or formula. Lifetime value is the net present value of the profit stream of a customer.

You make a great investment in the consumer Internet, maybe you make a lot of money and create something useful, interesting, or fun. But in life sciences, you have a chance to be part of something that lets people live longer and healthier and not lose the people they care about. That is really profound.