eventually, through a stroke of great luck, a fellow who had started sequoia, don valentine, took a riskme. emily: what are the qualities that you think you had as a journalist that made you a good investor? sir michael: i am not sure that i am a good investor, because we always keep making mistakes. the investment business, the venture business, some of the other businesses we are in in sequoia, it is a very humbling pursuit. as soon as you think you are good at it, you get chopped off at the knees. journalism, though, was very pretty helpful. because you are often parachuted into stories that you know absolutely nothing about. you have to get your bearings extremely quickly. you've got to deal with imperfect information. and then you have to have a point of view, if you are a journalist, or you make an investment decision, if you are investor. you are trying to read people. you are trying to gauge sentiment. i found the fact that i had been trained to make up my mind about a confusing set of information extremely helpful. emily: andreessen horowitz has really perpetuated this idea that