"Reading Fred's post made me go back and look at the emails I exchanged with him at the time, trying to convince him to invest in Airbnb. It was quite interesting to read. You can see Fred's mind at work as he circles the deal." — Fascinating.

"The best way to come up with startup ideas is to ask yourself the question: what do you wish someone would make for you?"

"In our conversation, he stressed three main things: build the site you want to use, listen to the community, and stay small."