Israel has incredible entrepreneurial spirit and a deep bench of technology talent. Roelof Botha More Quotes by Roelof Botha More Quotes From Roelof Botha It's important to choose initial investors who are not twitchy and rushing for an exit. Wall Street's quarter-by-quarter lens may make the CEO make sub-optimal long-term decisions. Roelof Botha rushing wall long I think of myself as just another consumer. Roelof Botha consumers thinking You don't want to be the site that people should use. You want to be the site they can't stop using. Roelof Botha use want people Money was invented for a reason. We've seen people try to use beans, etc. and it doesn't work. Roelof Botha use trying people You have to put yourself in a position to be lucky. Roelof Botha position lucky Founders should think of their company as a product and build it and shape it with the same passion and care. Roelof Botha passion care thinking Social enables word of mouth at an unprecedented scale. Its most powerful effect, through reviews and recommendations, is to put product quality and value for money as the key to success in commerce. Social brings a level of transparency that prevents marketers from advertising their way to success without underlying product quality. Roelof Botha quality powerful keys I am sure innovation will blossom around the world, given that the Internet and mobile platforms enable innovators anywhere in the world to reach a global market with ease. Roelof Botha innovation ease world I try getting in front of as many opportunities as possible, but in the late '90s, I had no idea that I'd end up being CFO of a technology company. I'd no idea what venture capital was. Roelof Botha cfo technology opportunity If you are in Mountain View, you don't resonate with the needs of urban dwellers. Tumblr couldn't have emerged in Sunnyvale. Roelof Botha view you urban mountain At Sequoia, we have opened offices in China and India, and we have made a handful of investments in Latin America/Brazil. Roelof Botha china-and-india china india made