You have to find a small market in which you can get a monopoly and then quickly expand.

M&A negotiations feel really fun. This is one of the biggest killers of companies, is they entertain acquisition conversations.

In addition to relentlessly resourceful, you want a tough and a calm cofounder.

Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.

Founders need to figure out what the message of the company is going to be.

One of the keys to focus, and why I said cofounders that aren't friends really struggle, is that you can't be focused without good communication.

You need this sort of a tailwind to make a startup successful.