To succeed at selling a losing product, you must develop seriously superior sales techniques. In addition, you have to be massively competitive and incredibly hungry to survive in that environment.

One of the great things about building a tech company is the amazing people that you can hire.

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

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

You're better off being The Beatles than The Monkees, as a startup.

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.

In a company, hundreds of decisions get made, but objectives and goals are thin.