Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.

In the beginning of a company, there is no management and this actually works really well.

You have to be decisive. Indecisiveness is a startup killer.

... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.

You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.

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.

Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.