Quotes from Steve Jurvetson

Technology business increasingly becomes difficult to predict because technology itself is accelerating in change, and human nature and markets are more stagnant and static. But the dynamic engine of technological innovation continues unabated.

I started programming Apples in seventh grade.

The bad news is that most traditional VCs have a youth bias that they will state very overtly. You always wonder if that's a self-fulfilling prophecy or if it's something about the nature of those businesses.

History has proven time and again that downturns are the best time to invest in new start-ups. You get good deals and find a better environment for start-ups to grow.

Hotmail grew its base faster than any company I can think of.

You have to build businesses for longer term.

Elon Musk is an incredibly prolific entrepreneur, having come up with, or been at the founding team of Tesla, SpaceX, SolarCity, PayPal, all different industries that seem to have nothing to do with each other.

If you think 20 years out and ask what's the most important company on the planet, it is not any company you could write down today. The most important company 20 years from now has not even been founded yet and doesn't have a name.

SpaceX is very unusual. I don't know of any other startup where the founder put in $100 million of his own money before looking for any outside capital. They have wildly exceeded any reasonable expectations.

IT is permeating more industries. Moore's Law knocks down simulation capabilities. We don't need wind tunnels anymore, for example. You can run experiments more quickly.

When the venture capital industry invests, it's usually because they sense there is money in them hills. And often it takes a high-profile winner to wake everyone up in the category. SpaceX is that company.

Elon Musk wins you over with his elegant mastery of engineering, be it for the rocket or the car. But what blew my socks off was when our conversation veered way off topic. We started musing about whether it was possible we all lived in the matrix, and Musk still had deep knowledge.

When I was 11, I went to space camp at the Space Center in Texas, near where I grew up. There, I met video-game-industry pioneer Richard Garriott, better known to gamers everywhere as 'Ultima' creator Lord British.

There are many good ideas out there that never get an audience.

Charging a fee for an online service is a good way to lose 90 percent of your customers.

I do think there are more and more entrepreneurs all the time that think big. Those are the people we should be finding and funding. Most of them will fail, but the ones who succeed will change the world, and that is progress.

The closer you are to technology, the more you trust it.

Because of the rate of technology change, forecast horizons are shrinking.

The concept of a 'job' is pretty recent. If you go back a few hundred years, everyone was either a slave or a serf, or living off slave or serf labor to pursue science or philosophy or art.

We only invest in businesses that reduce labor.

By the time people came to realize that free, Web-based email was indeed a hot idea, Hotmail was adding 1 million new subscribers a month.

Go to the moon - that's my dream.

Building and launching rockets has been a lifelong hobby that my son and I share. We regularly travel to Nevada's Black Rock Desert to launch rockets.

Corporate houses and big companies can be meaningful distribution channels for start-ups.