Investing in things that aren't software is okay if you believe in the founder's expertise; there are many great opportunities in biotech that could lead to significant exits.

OpenAI is acquiring an AI device startup from Apple's Jony Ive for $6.5 billion, marking a significant move in the AI landscape.

I believe that raising a lot of money isn't always the best strategy; it can lead to overspending and failure, as seen with many companies in Silicon Valley.

We encourage our team to invest in opportunities that show promise, even if they come with risks, as this can lead to significant breakthroughs. In venture capital, the key to success is identifying the next big thing early and investing heavily, rather than focusing on win rates or percentage returns.

Investors look for transformative ideas and significant market opportunities; simply having a neat business idea is not enough to attract venture capital.

Investing in the internet was a strategic choice in 1994, as it was a growing field with significant potential, and that focus has continued to guide investments.

Once hard tech founders shift their mindset to focus on quick, cost-effective progress, they often find success in attracting investment.

Investing in culture is not a luxury; it's a necessity for early-stage companies to ensure that employees want to return to work every day and ignore recruiter emails.

Don't approach a Series A fundraising without demonstrating that you've used early investment wisely to create a product that people love and show sustained growth.