The tenth social network, and limited only to college students with no money, also terrible. Myspace had won.

You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.

If you ever take your foot off the gas pedal, things will spiral out of control, snowball downwards.

One of the great and terrible things about starting a start up is that you get no credit for trying.

You have to be decisive. Indecisiveness is a startup killer.

Great execution towards a terrible idea will get you nowhere.

Before 20 or 25 employees, most companies are structured with everyone reporting to the founder. It's totally flat.