“In the last six years, people were buying into the vision.
What’s interesting is that some of those companies will in fact
become the next International Business Machines Corp. or the next
AT&T Corp. No one was arguing that all of them would.”
“The fact that some of them literally are going to disappear is
not really a surprise.”
“What it does do, in a perverse sort of way, is actually a good
thing.”
“Our competitors, who were being funded by these venture
capitalists because of the vision, would give away the very same
services. It was very difficult for us to expand our business to
become more profitable.“