Being able to access that Stanford alumni network was huge - I actually interned at PayPal while I was at Stanford and learned a lot. Being in that environment and learning about it as a student was really fun.

Our philosophy at 8VC is that many of the companies that present the greatest economic opportunities also create the greatest value for society.

Marketing is your battle plan for the sales team - it's about defining the landscape. Marketing is doing cohort analysis and understanding exactly what possible customers are out there. It's understanding not only which customers will respond to what messages, but also how customers will become clients if you include certain product features.

Our best and brightest must conceive of themselves as stewards of our society and confront the critical challenges of our time. It's the best bet for our society, for entrepreneurs, and for the investors who believe in them.

Softbank has always been a service firm, and with the Internet, services became the center of the technology industry.

How do you convince somebody to host a stranger for the weekend? That's not a trivial thing. It's not something I think you can throw technology at, marketing at, or sales at. We threw design at it because that's all we knew, and in doing so, I feel like we brought a human touch to it, which is so needed.

Through the Internet of things, 'connected kitchens' will alert consumers if they're running low on broth and when their salad dressing needs to be replenished.

We have something very powerful in our hands with the Internet, and we still don't really understand fully its power.