... fire fast when it's not working. It's better for the company, it's also better for the employee.

It takes years and years, usually a decade, to create a great startup.

The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.

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?

One thing I tell startups all the time is that the best way to grow is to make their product better.

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

You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.