I don't believe ever in shared office spaces. Peter talks a little bit about this, every good startup is a cult. It's very hard to create a cult if you're sharing space with people.

The companies I have traditionally seen do best over the long term had lead investors for their seed rounds

Most people, most great people even are ammunition. But what you need in your company are barrels. You can only shoot through the number of unique barrels you have, so that's how the velocity of your company improves... is by adding barrels, and then you stock them with ammunition and then you can do a lot.

The way you scale that is you create notes for every meeting and send it to the entire company.

The team you build is the company you build.

Your goal over time is to use less red ink every day.

I walk into a company office and I can tell often whether I'm gonna invest, as soon as I walk in.