For something like seventeen years, I have been investing in entrepreneurs who have had the freedom to innovate on the Internet. It has been a powerful life lesson for me. These people imagine something, they create it, and they are off and running building a business, hiring employees, generating cash flow. They ask nobody for permission. They don’t need any permits. They don’t need any real estate. All they need is a server (now rented in the cloud from Amazon and others) and a laptop or two and they are good to go.

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