Given New York City's cultural diversity, it has always attracted creative people.

Board meetings should not be for the benefit of the board. They should be for the benefit of the CEO and the senior team.

Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.

Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.

Customers are a great way to finance a business for many reasons. First, customer financing is typically non dilutive. They want something from you other than equity in your business. Customers also help you fit your product to the market. And customers will help debug and improve the quality of the product.

There are so many startups out there raising money. I don't think this is a bad thing. It's a good thing. Entrepreneurship is in vogue. Innovators are innovating. Makers are making.

If you want to unleash more creativity in your company, you need to allow for a little contamination. It is the sand in the oyster that creates the pearl.