(live notes and quotes)

Opening remarks from Mike Arrington.

John Doerr and Charlie Rose.

Doerr talked about 3 waves. First wave was personal computer, second wave was the internet and World Wide Web and the third wave.

The third wave is what we're about to go into right now -- it's "reinventing the web," said Doerr.

"This is a new paradigm," Doerr said holding his iPad up. "Their immersive and magical experiences."

"This year those ventures are going to do one hundred million dollars in revenue," Doerr said about KPCB investments.

Doerr said that the real innovation from iPad needs to come from the entrepreneurs and application developers.

"Mark Pincus and his team have figured out how to monetize these social networks," Doerr

"The raised 3.6 million for Haiti on 

"At any given day, 30 million people are playing Farmville," Doerr said. "They raised 3.6 million for Haiti on that social platform."

Doerr said he thinks we've watched the Super Bowl with our TV and laptop together for the last time.

"We have amazing technology in grocery stores but our doctors are still using paper records," Doerr said.