You know what the difference between a vision and a hallucination is? They call it a vision when other people can see it.

There are no shortcuts to knowledge, especially knowledge gained from personal experience. Following conventional wisdom and relying on shortcuts can be worse than knowing nothing at all.

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.

In life, everybody faces choices between doing what's popular, easy, and wrong vs. doing what's lonely, difficult, and right. These decisions intensify when you run a company, because the consequences get magnified 1,000 fold. As in life, the excuses for CEOs making the wrong choice are always plentiful.

Volatility and length, that's the value on an option. 10 years on a startup stock, that's a big valuable thing.

Wartime CEO is too busy fighting the enemy to read management books written by consultants who have never managed a fruit stand.

I believe in strength over lack of weakness.