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.

Parallel to our vast strides in technology, there is a dangerous rise in unemployment, foreclosures, and degrading education. Millions of people are stricken with hopelessness and strife. Sadly, in the name of progress we have polluted the air, water, soil and the food we eat.

I am not opposed to e-readers. Any technology that encourages the reading of literature is a good thing.

The Internet is not pervasive as it could be, or democratic.

I was not thinking about the age of Internet when I was making the fall-winter 2012 collection.