So you should always stay on top of people's vesting schedules.

... you want to be proud of how much you can get done with a small numbers of employees.

If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.

... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.

The most important thing is that there is clear reporting structure and everyone knows what it is.

In general don't start a startup you're not willing to work on for ten years.

Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.