The only thing that prepares you to run a company is running a company.

As a company grows, communication becomes its biggest challenge.

The bigger you get, the harder this gets because the more aggressive the people working for you are.

Mark [Andressen] was more popular than me at the time ... He was like Beyoncé, I was Kelly Rowlings

Don't punk out and don't quit.

The right thing to do is to thank them for their work, let people know that they're moving on, and ... you don't really have to explain all their personal details. It's more important to leave them with their dignity... and let them go on to live another day. Remember, what you say at that meeting, that's their reputation.

Breakthrough ideas usually come from guys who look like they're hallucinating