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.

Usually when you hire more engineers, you actually don't get that much more done, you actually sometimes get less done.

Delegate completely. Let people make mistakes and learn.

Being a venture capitalist to me is like being more of a psychologist. So if you come to my office we have two chairs with a table in the middle. And we sit down and it's like, Tell me your problems.

Possibly the most important thing you do is actually edit the team.

The next thing you do is allocate resources.

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