Move fast. Speed is one of your main advantages over large companies.

A winning team feels good and keeps winning. A team that hasn't won in a while gets demotivated and keeps losing.

... and you can only have 2 or 3 things everyday, because everything else will just come at you; you know fires in a day.

In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.

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.

For early employees you want people that have somewhat of a risk-taking attitude.