Hastily-transcribed transcript for those who can't watch the video: Q "NSA and PRISM - what's the sentiment in the valley?" A "Maybe this is indicative of the

Hastily-transcribed transcript for those who can't watch the video: Q "NSA and PRISM - what's the sentiment in the valley?" A "Maybe this is indicative of the fact that I live in New York; that I've never really been part of that herd. We are as citizens I think really upset, really frustrated because we have an expectation that whether it is our private property offline or online, that it will be respected, and that's what the Fourth Amendment protects. And needless to say it was rather disappointing to see all this news come out and apparently much more on the way." Q "You're building a startup that could become the next Reddit or Facebook: At what point do you say, 'I think I got to get a Lawyer?'" A "Yeah it will certainly come up a lot sooner for founders and founders who were maybe thinking, 'move fast and break things' will now think 'move fast and break things but don't break the constitution.' And this is an opportunity for us as citizens to start to draw a line in the sand for what is off-limits and private in the digital age." Q "If the government asked you for information, what information could you give them?" A "Well there really isn't any. When people use reddit as a platform to publicly share links and publicly have discussions. So the primary use of the site is that is in public so there really isn't a ton of useful data there." Q "What advice do you give these young folks who are building these companies and this is becoming a reality?" A "There's my investor hat, my founder hat, and my citizen hat - and that citizen hat trumps everything else. And I want to make sure that the environment we are starting companies in has a government that respects the our right to privacy so that these kinds of discussions going forward aren't even a factor or an issue and I think the ability for us to use this technology has sort of outpaced - unfortunately - some of our legislator's understanding of what kind of laws they should be writing. Whether it's making sure our elected officials understand the internet and understand technology is just as important though as making sure we get more of these people who inherently and innately understand this technology into office. I think the other interesting thing is more and more founders are really rallying behind companies now that are themselves built on a model of respecting privacy. One that I know rather well is called duckdduckgo and it's a venture backed by USV here in New York - a search engine competitor to google and their core business proposition is 'we don't track anything you search for on our site.' And so I imagine more startups to kind of take that lead."