Wait to start a startup until you come up with an idea that you feel compelled to explore.

Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.

You never want to be in a place where an employee has vested 3 out of the 4 years of stock and they start thinking about leaving.

One thing I tell startups all the time is that the best way to grow is to make their product better.

The most important thing is that there is clear reporting structure and everyone knows what it is.

Facebook has this famous poster that says move fast and break things. But at the same time they manage to be obsessed with quality.

In general, it's best if you're building something that you yourself need.