Ideas by themselves are not worth anything, only executing well is what creates value.

You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.

In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.

Every first time founder waits too long, everyone hopes that an employee will turn around. But the right answer is to fire fast.

You also want people who are maniacally determined and that is slightly different than having a risk tolerant attitude.

If you ever take your foot off the gas pedal, things will spiral out of control, snowball downwards.

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