The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.

I care much more about the growth rate of the market than it's current size and I also care if there's any reason it's going to top out.

I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.

Growth and momentum are what a startup lives on and you always have to focus on maintaining these.

Developing a personal connection with anyone you're trying to do a big deal with is really important.

Someday, you need to build a business that's difficult to replicate. This is an important part of a good idea.

I prefer to invest in a company that's going after a small but rapidly growing market than a big but slow growing one.