As we thought about how to help portfolio companies grow and scale while simultaneously supporting corporate discovery and experimentation, it became clear that we would need to collaborate with a technology infrastructure provider like AWS to help us build a platform for experimentation.

I'm excited about the emergence of tokens, and while I'm skeptical of many of the early projects being launched, I do believe we are seeing the emergence of an entirely new asset class that will foster the growth of a new investment community, a new set of social networks, and most importantly, a new class of technologies.

I believe the world has shifted from asked 'if' digital currencies will succeed to 'how and when' digital currencies will become mainstream.

The exciting thing about the current emergence of bitcoin 2.0 applications is that you don't have to know anything about bitcoin or how the blockchain works to get a lot of utility and value out of the technology.

It's - as opposed to tape where you have a magnetic tape that's excited by frequencies that you hit, digital was a process where musical sounds are transferred to numbers and stored as numbers.

Microprocessors were instantly attractive to us because you could build something for a fraction of the cost of conventional electronics. That's essentially what we did with the Traf-O-Data computer - only it was too narrow and challenging an area to try to build a service business in.

Social media provides the modern-day version of mystery shopping and walking the halls.

The Internet works thanks to loose but trusted connections among its many constituent parts, with easy entry and exit for new Internet service providers or new forms of expanding access.