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The most important thing in auction design is to create an environment where bidders feel comfortable revealing their true valuations.

The past is a story we tell ourselves about ourselves.

I am tomorrow, or some future day, what I establish today. I am today what I established yesterday or some previous day.

We recognized early on that smart people do very dumb things, and we wanted to know why and who, so that we could avoid them.

On the road of entrepreneurship, there are no shortcuts, only down-to-earth, step by step.