To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.

Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.

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

Growth solves (nearly) all problems

If you look at successful pivots, they almost always are a pivot into something that the founder wanted. Not a random made up idea.

Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.

You want an idea that turns into a monopoly. But you can't get a monopoly, in a big market right away; too much competition for that.