The way you get deals done and the way you get good terms, is to have a competitive situation.
You need someone that behaves like James Bond more than you need someone that is an expert in some particular domain.
Most things are not as risky as they seem.
In general don't start a startup you're not willing to work on for ten years.
You can't be focussed without really great communication
One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.