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" My husband and I own half a dozen iPods, a Mac desktop, and four Mac laptops. We're clearly fans of Mr. Jobs' work. "
Sarah Lacy
Own
Husband
Work
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" I am a meat-loving Southern girl. Add in being a writer, and that means I drink more than I should, too. "
Sarah Lacy
More
I Am
Girl
" You know what works in venture capital? A group of incredibly smart, connected people who have the financial wherewithal and risk appetite to make multi-million dollar bets on unproven ideas and inexperienced founders. People who can make decisions quickly, and who spend their time trying to help entrepreneurs make the most of that cash. "
Sarah Lacy
Decisions
People
Time
" What created Silicon Valley was a culture of openness, and there is no future to Silicon Valley without it. "
Sarah Lacy
Valley
Without
Culture
" When a PR person asks why is it a big deal that they got your name wrong or sent you a pitch on something you would never cover, it's because when you get hundreds of those a day, it's incredibly annoying. It's basically like having telemarketers call you all day long for something you never want to buy. "
Sarah Lacy
Want
Day
Long
" I always want to have San Francisco as my home and my base. I'm a business reporter - that's what I do and what I enjoy - and I don't know another place on the planet that would be as fascinating to cover. "
Sarah Lacy
Home
Business
Enjoy
" Everything about Mark Zuckerberg is pure hacker. Hackers don't take realities of the world for granted; they seek to break and rebuild what they don't like. They seek to outsmart the world. "
Sarah Lacy
Everything
Hacker
Like
" As smartphones have allowed us to have our computers, emails, social media feeds, and a full surveillance system in our pockets at all times, stories of the law enforcement's unease with that have been popping up in the press. And of course, the ones that become viral videos aren't exactly flattering for law enforcement. "
Sarah Lacy
Social Media
Us
Computers
" As I've written before, China's ability to be the assembly line to the world wasn't where its role in the global economy ended; it was where it began. An ability to make products cheaper than anywhere else gave way to an ability to make high end products more nimbly than anywhere else. "
Sarah Lacy
Line
World
Economy
" The thought for a long time was that banks needed to be too controlled, too regulated to be turned over to the Wild West of the Net. Then the credit meltdown hit, and we saw just how reckless these so-called safe and regulated institutions were. "
Sarah Lacy
Long Time
Thought
Time
" Benefitting from a job bubble is not only a first world problem, it's an upper-class-educated-lucky-to-be-in-the-right-industry-at-the-right-time kind of first world problem. "
Sarah Lacy
World
Kind
Problem
" Dying venture firms are like the walking dead. They can have years of staggering around with stakes in still active portfolio companies, hoping they're still holding a lottery ticket that could put them back in the game. If not, they just slowly wind down. "
Sarah Lacy
Back
Wind
Down
" I am a huge fan of using social media to connect with people because I think there was this 'ivory tower' aspect of journalism where people might read a byline for years but have no idea about the person who was behind it and never get to communicate with them or ask them a question. "
Sarah Lacy
Media
I Am
Think
" Lesson to would-be fame seekers: It's not really a new world when it comes to celebrity. There are no shortcuts. It's still talent, perseverance and hard work. Even the speed and reach of the Net can't create lasting value and income overnight. "
Sarah Lacy
Perseverance
Hard Work
Work
" The one thing I didn't do that was kind of controversial was go work for a daily paper, because I didn't like that kind of journalism, and I'm glad I didn't because that's the business model that's going totally extinct. "
Sarah Lacy
Business
Work
Kind
" Unions inherently create an 'us versus them' dynamic that makes winning against a company's management the top goal, not serving customers, innovating, or in the case of education, teaching kids. "
Sarah Lacy
Winning
Goal
Education
" People always tell me the next stage of my career means moving to New York, but I never will. I don't care how that affects my career, and I think it's stupid that it would. "
Sarah Lacy
Think
People
New York
" Being in Silicon Valley is like playing for the Yankees. You get knocked around more than anywhere else, the glare of the media spotlight is more brutal, and the expectations are higher than they'd be in any other city. "
Sarah Lacy
Expectations
Yankees
City
" For all the billions of dollars created here, Silicon Valley is remarkably stingy when it comes to giving. "
Sarah Lacy
Silicon
Valley
Stingy
" Some people have blithely dismissed growth in markets like China and India, saying Silicon Valley will always be the hub for tech: that everyone will come to us. Wake up: Because the numbers are showing money and talent is increasingly going elsewhere. "
Sarah Lacy
People
Growth
Money
" Get a lawyer to look at your contract or beware. Because no company - evil or not - is going to do it for you. "
Sarah Lacy
You
Lawyer
Company
" The best entrepreneurs know when to ignore sage advice. "
Sarah Lacy
Know
Sage
Advice
" It's a great story for us whenever an entrepreneur makes a crazy amount of money and we get to tell the world about it. For the entrepreneur? Not so much. Hitherto unknown relatives, entrepreneurs seeking angel investments, money managers and supposed baby-mamas all come out of the woodwork with dollar signs in their eyes. "
Sarah Lacy
Story
Money
Great
" The roots of Silicon Valley are full of stories of immigrants and minority groups who experienced bigotry and made it anyway. Why should women be any different? "
Sarah Lacy
Women
Why
Valley
" One of the nice things about being a private company is operating without the intensity of public glare. It's hard to grow a company under a microscope of constant second guessing. "
Sarah Lacy
Company
Without
Nice
" It's happening: Lou Dobbs' dream come true and Silicon Valley's worst nightmare. We're already seeing the reverse brain drain as smart immigrants take their U.S. educations and experience building companies and creating technology back to their home countries. "
Sarah Lacy
Experience
Technology
Home
" Few people would doubt that Mark Zuckerberg would build a great product. But I, at least, would never have expected him to become so great at hiring, motivating, managing, and ultimately getting whatever it is his company needs from people. "
Sarah Lacy
People
Build
Company
" The biggest barrier to starting a company isn't ideas, funding or experience. It's excuses. "
Sarah Lacy
Excuses
Ideas
Experience
" I don't care if Facebook's valuation goes to one gillion. It can go so high we have to make up numbers. It is still not a bubble because there is still not another Facebook in the pipeline. "
Sarah Lacy
Bubble
Because
Numbers
" It's almost a cliche that great Silicon Valley entrepreneurs don't go sit on a beach when they make a lot of money; they get back to work building another company or at least investing in other people's companies. "
Sarah Lacy
Back
Great
Money
" I've been reading a lot about Silicon Valley history recently and was struck by just how core the lack of unions has been to the American tech industry's evolution. It's enabled the constant creative destruction that keeps Silicon Valley relevant and thriving in a rapidly changing world. "
Sarah Lacy
World
Core
Creative