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

I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.

The thing that kills startups at some level, is the founders giving up.

These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.

It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.

For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.

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