You want to think about what is the path for my first 10 or 15 employees going to be as the company grows.

Really dig into projects people have worked on and call references; that is another thing that first time founders like to skip.

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

You can have a startup and one other thing, you can have a family, but you probably can't have many other things.

I prefer to invest in a company that's going after a small but rapidly growing market than a big but slow growing one.

If you don't love and believe in what you're building, you're likely to give up at some point along the way.

It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.