Stock Prices Are Irrelevant

Vinod Khosla, Khosla Ventures

The market is an unimportant, artificial system, says Vinod Khosla, founder of Khosla Ventures, and he encourages entrepreneurs and thinkers to stop paying attention to its crests and troughs. Though the Dow may be down, what’s far more important is the flow of user demand, which historically, says Khosla, always remains constant, and is a far greater indicator of long-term success.