One of the keys to focus, and why I said cofounders that aren't friends really struggle, is that you can't be focused without good communication.

AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.

The thirteenth search engine- and without all the features of a web portal, most people thought that was pointless.

We pretty much won't fund a company now where the founders don't have vested equity because it's just that hard to do.

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

Wait to start a startup until you come up with an idea that you feel compelled to explore.

It really is true that you become an average of the people you spend the most time with.