In general though, if you look at the track record of pivots, they don't become big companies.

A third advantage of mission oriented companies, is that people outside the company are more willing to help you.

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

Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.

In general though, if you look at the track record of pivots, they don't become big companies.

As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.

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