If you have to conduct layoffs, which is always a regrettable thing, there's kind of three things that are very important. One is to communicate well with your employees in order to help them understand why it is you're doing, and how. Second is to make sure that the employees who are part of the go forward, understand kind of what happened and are not like the ground doesn't keep moving. It's like, okay, we did that, we're moving forward, here we go. And then for the employees that you unfortunately have to let go, try to provide as much support for them as possible.

The key issue when you're looking at cost cutting is to always plan for the future.

Benevolent, enlightened, wise dictators are the most efficient form of government. The problem is what comes afterwards.

Having a great idea for a product is important, but having a great idea for product distribution is even more important.

What I think Peter Thiel imagines is that Donald Trump has a policy, that Trump has an idea of what to do. haven't heard any of those ideas. All I hear is sloganeering, vitriol, personal attacks.

Everything in life has some risk, and what you have to actually learn to do is how to navigate it.

People are legitimately worried about Donald Trump, almost like a schoolyard bully, if I step up, am I going to be targeted, too?