If you manage a team of 10 people, its quite possible to do so with very few mistakes or bad behaviors. If you manage an organization of 1,000 people it is quite impossible. At a certain size, your company will do things that are so bad that you never imagined that youd be associated with that kind of incompetence.

Until you make the effort to get to know someone or something, you don’t know anything.

Note to self: It’s a good idea to ask, “What am I not doing?

Business ends up being very dynamic and situational.

Over the last ten years, technological advances have dramatically lowered the financial bar for starting a new company, but the courage bar for building a great company remains as high as it has ever been.

Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.

There is no silver bullet. There are always options and the options have consequences.