... We probably funded a rate of something like one out of ten solo teams.

Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.

The company just needs to see you as like this maniacal execution machine.

... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.

You also want to fire people who a) create office politics, and b) who are persistently negative.

Share results (financial and key metrics) with the company every month.

You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.