Audrey MacLean

You've got to figure out how you're going to come in and significantly impact and redefine a market such that you become a market share leader in it.

I back people who I think will be seeking help and advice. These are the best entrepreneurs.

Starting a company is like going to war. You can't do anything else but be fully engaged. You have to be insanely, passionately, nothing-can-stop-me committed.

The more evident it is that a certain company is going to become the market leader in a big market space, then the higher the valuation goes because the risk has been dramatically reduced.

I'm only going to make investments with people that I'd want to spend time with anyway.

I'm just not entirely sure how to gauge the faddiness of the Internet.

I started in time-sharing and networking with packet switching, which was the precursor to what became the Internet. Time-shared use on packet-switch networks, when you think about it, is the cloud.