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.

It takes years and years, usually a decade, to create a great startup.

... fire fast when it's not working. It's better for the company, it's also better for the employee.

Most things are not as risky as they seem.

You need someone that behaves like James Bond more than you need someone that is an expert in some particular domain.

We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.

As you grow, the productivity I think, goes down with the square of the number of employees if you don't make an effort.