Be Big, Fast And Flexible.

But As An Entrepreneur You Have To Feel Like You Can Jump Out Of An Aeroplane Because You're Confident That You'll Catch A Bird Flying By. It's An Act Of Stupidity, And Most Entrepreneurs Go Splat Because The Bird Doesn't Come By, But A Few Times It Does.

In The Long Term, You Have To Believe That Movies And Tv Shows Will Be Like The Opera And The Novel, Pretty Nichey Businesses.

If You Look At Cable Networks, They Almost Always Start Licensing Content Wherever They Can, So They Can Build A Subscriber Base. But Then They Start Doing Their Own Content; It's A Pretty Well-trodden Path.

Companies Rarely Die From Moving Too Fast, And They Frequently Die From Moving Too Slowly.

Something Will Eventually Replace The Internet. But It's Hard To Know What And When It Will Happen.