A Career In Journalism Suddenly Lost Its

Leaders Have To Act More Quickly Today. The Pressure Comes Much Faster.

By The Late '90s, Those Who Were Paying Attention Perceived The Internet As A 20-foot Tidal Wave Coming, And We Are All In Kayaks.

I Think It Is Very Important For You To Do Two Things: Act On Your Temporary Conviction As If It Was A Real Conviction; And When You Realize That You Are Wrong, Correct Course Very Quickly.

No Problem Is So Complicated That You Cannot Make It More Complicated.

The Boom Was Healthy Too, Even With Its Excesses. Because What This Incredible Valuation Craze Did Was Draw Untold Sums Of Billions Of Dollars Into Building The Internet Infrastructure. The Hundreds Of Billions Of Dollars That Got Invested In Telecommunications, For Example.