Good startups usually take 10 years.

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.

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

Investors will sort of like write the check and then, despite a lot of promises, don't usually do that much; sometimes they do.

Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.

No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.

The cost of getting an early hire wrong is really high.