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Many entrepreneurs have shifted their focus to pursuing VC funding as a primary strategic priority instead of concentrating on generating value for their users. This is worrisome because raising capital alone is misleading as a benchmark for success.

Many entrepreneurs that made their fortunes by founding successful technology companies want to give back and solve the world's biggest problems on a grand scale. There is tremendous opportunity in this approach.

Many European countries, as well as Australia, Canada, Israel, and New Zealand, have adopted legislation that creates a 'public lending right', where the government recognises that enabling hundreds of people to read a single copy of a book provides a public good, but that doing so is likely to reduce sales of the book.

Many European guys go to the N.H.L. at a young age, even without knowing English. But they quickly adapt to new conditions, another game, a new country. They are also young, receptive, can move mountains.