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“We weren’t trying to strike it rich with Firefox. It’s open source and it’s free. We weren’t trying to take over the world; we had kind of modest goals, and it was OK if it failed. We were a lot freer to make risky decisions. If you can afford to do things that way, it’s just so much better. You’re not thinking about venture capitalists or marketing or sales. Just product and users, all day every day.”

“"Patents make our product defensible." The optimal number of times to use the P word in a presentation is one. Just once, say, "We have filed patents for what we are doing." Done. The second time you say it, venture capitalists begin to suspect that you are depending too much on patents for defensibility. The third time you say it, you are holding a sign above your head that says, "I am clueless."”

“Outsiders think of Silicon Valley as a success story, but in truth, it is a graveyard. Failure.. is Silicon Valley's greatest strength. Every failed product or enterprise is a lesson stored in the collective memory of the country. We not only don't stigmatize failure, sometime we even admire it. Venture Capitalists actually like to see a little failure in the resumes of entrepreneurs.”