"On Entrepreneurs, two types were mentioned: experienced executives with a strong track record and surrounding themselves with a strong team (here is the Splunk example, recently funded by friend and ventureblogger extraordinaire David Hornik). And innovative "twenty-something" looking at new ways of leveraging the internet as both a media and a distribution mechanism, and coming up with radically different solutions, products and services.

This notion of "twenty-something Stanford dropouts" as a source of radical innovation is recurrent in Mike Moritz's interviews. Looking at two of his most successful investments, you'd appreciate why: Jerry Yang and David Filo (Yahoo), and Sergey Brin and Larry Page (Google) all were of these kinds."