If you're not in college and you don't know a cofounder, the next best thing I think is to go work at an interesting company.

The way you get deals done and the way you get good terms, is to have a competitive situation.

The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.

As long as you keep doing the right thing and have the best product, you can beat the bigger company.

You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.

As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.

To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.