Starting and growing a business is as much about the innovation, drive and determination of the people who do it as it is about the product they sell.
The United States is definitely ahead in culture of innovation. If someone wants to accomplish great things, there is no better place than the U.S.
People often mistake technology for a static picture. It's less like a picture and more like a movie. It's the velocity of technology innovation that matters. It's the acceleration.
I think there are too many smart people pursuing internet stuff, finance, and law. That is part of the reason why we haven't seen as much innovation.
I think most of the important stuff on the Internet has been built. There will be continued innovation, for sure, but the great problems of the Internet have essentially been solved.
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