Customer research produces bland products. We're producing a piece of art.

Most of the money I make now comes from investments from CrunchFund. And the vast majority of that is what's called carried interest.

Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.

Friendships and marriage are far more potent than financial conflicts.

The payouts for starting a business are just terrible when you account for risk. A tiny minority of entrepreneurs ever get rich. And the majority of entrepreneurs would probably make far more money, and have more stable personal relationships, if they just worked for someone else.

We live in a world where you're not being eaten by a lion when you fail, you just have to get another job.

Leaving America means renouncing your citizenship, moving out of the country and leaving family and friends behind. You can retain your citizenship if you like, but you'll still be away from loved ones and still be paying taxes. You lose all the good stuff about America and have to keep all the bad stuff.