It's just as valuable to curate content as it is to create it.

Smart, well-meaning people get it wrong when they start believing that the world owes them something and that the rules are different for them.

"Patents make our product defensible." The optimal number of times to use the P word in a presentation is one. Just once, say, "We have filed patents for what we are doing." Done. The second time you say it, venture capitalists begin to suspect that you are depending too much on patents for defensibility. The third time you say it, you are holding a sign above your head that says, "I am clueless."

When you’ve worked hard and done well and walked through that doorway of opportunity, you do not slam it shut behind you.

My theory is that when you're young, you should work eighty hours a week to create a product or service that changes the world.

For startups, SM is now crucial: it has never been cheaper and easier to reach one's customers. Entrepreneurs should thank God for Twitter, Facebook.

Most venture capitalists won't read a business plan unless the entrepreneur is introduced to them by a contact.