AirBnB happened because Brian Chesky couldn't pay his rent, but did have some space.

Every first time founder waits too long, everyone hopes that an employee will turn around. But the right answer is to fire fast.

Most great companies in tech have been built by personal referrals for the first...at least 100 employees and often many more.

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.

Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.

1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.

I myself used to believe ideas didn't matter that much, but I'm very sure that's wrong now.