Slow investing can have the same impact on startups that slow food has had on cuisine: good things come to those who wait.

In 2006, I appeared before a House subcommittee considering real estate reform. It was like visiting the capital for the 'Hunger Games' as an outsider in a glamorous and byzantine fairy tale: I couldn't believe how beautiful all the congressional aides were, and I never understood the system of bells and alarms warning legislators to vote.

With Facebook's IPO, the world learned a new way of organizing businesses around one overriding imperative: to ship new products quickly.

Glenn Kelman Quotes