We hear again and again from founders, that they wish they had waited to start a startup until they came up with an idea they really loved.

One thing that founders always underestimate is how hard it is to recruit.

You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.

AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.

Great execution is at least 10 times more important and a 100 times harder than a good idea.

One of the great and terrible things about starting a start up is that you get no credit for trying.

Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.