One of the great and terrible things about starting a start up is that you get no credit for trying.

You really want to know your cofounders for a while, ideally years.

... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.

Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.

It's difficult to get large groups of people, to the extreme levels of focus and productivity that you need, for a startup to be successful.

Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed

In the early days of a startup, people's compensation is whatever you negotiate with a founder and it's all over the place.