Not very well. I try to win the next one. I've always been told that you should win and lose with a smile, but since I became a professional, I've thought the best way of learning to deal with defeat is not to lose.

The second thing there was another thing I learned at Sequoia is that the culture of a business is built in the first six months by the first ten to 15 employees. These are magical, really, really important times. And I used to hear a lot even at Sequoia, a lot of entrepreneurs saying, “Hey, I'm too busy to think about culture. When we become a unicorn, when we grow, I'll worry about culture.” And for whoever has kids, it's almost like saying I'm too busy about educating my kids. When they turn 18, then I'll figure it out. Too late.

Many people talk about a willingness to have failures. I hate failures. I don't think you should strike to make failures. I think it's OK to make mistakes – but by the time they become real failures, you probably should have discovered them much earlier.

I have never felt the need to trash talk, and I'm not going to start now! I just quietly do my job and then quietly step into the ring to showcase what I can do. And one thing is for sure: I'm going to leave it all in the ring. I've always had such a will to win, and I always give my heart and my soul, so I don't need to change who I am.

Learn by doing, not learn first, then do. The way you discover what it is you like to do in life is by doing first, then learning about it.

I regularly gift the book called In Praise of Shadows .

Elliot, he has such passion for what it was we were doing that he instilled that passion in me. He was like, “Just go for it. Make it happen.” And I would give him some wild idea, and he’d say, “Go try it.” It was that next set of just knocking down the fear of failure. Just go try anything.

I had such failure for the first ten years in Silicon Valley. General Magic — over a billion dollars invested in 1990 dollars! Could you imagine what that is today? The best team in the world. We were told we were gonna topple Microsoft and all these companies.