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.

When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.

If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.

There are 3 things I look for when I hire people. Are they smart? Do they get things done? Do I want to spend a lot of time around them?

A board member of mine used to say sales fix everything in a startup, and that is really true.

Or a way to stay on strangers couches, that just sounds terrible all around.

These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.