IF YOU WERE THE INVENTOR OF INSTAGRAM, YOU WOULD HAVE INVENTED INSTAGRAM

“I saw the market first, I created Picplz, and I went for it. I was a huge believe in the mobile photo-sharing opportunity, and I went for it with all of my heart. Clearly, Picplz didn’t win, but I have ZERO shame or regret for doing my best.”

Picplz creator Dalton Caldwell, on the one billion reasons why he lost out to Instagram,  Hacker News, 21 April 2012

IN PRACTICE, WE FAVOR FOUNDERS RUNNING

“At Andreessen Horowitz, we favor founders running the company.”

Venture capitalist Ben Horowitz, whose business partner, Marc Andreessen, has studiously avoided the role of CEO throughout his career as a company founder, on the same day that Andreessen-backed startup Ning saw a cofounder step down as CEOTechCrunch, 15 March 2010