By the time that product is ready to be distributed widely, it will already have established customers.

A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty.

Meritocracy is a good thing. Whenever possibly, people should be judged based on their work and results, not superficial qualities.

In a startup, both the problem and solution are unknown.

If your goal is to make money, becoming an entrepreneur is a sucker's bet. Sure, some entrepreneurs make a lot of money, but if you calculate the amount of stress-inducing work and time it takes and multiply that by the low likelihood of success and eventual payoff, it is not a great way to get rich.

If you don't know who your customer is, you don't know what quality is.

Every startup has a chance to change the world, by bringing not just a new product, but an entirely new institution into existence.