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

Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed

A lot of people treat choosing their cofounder with even less importance than they put on hiring. Don't do this.

You want an idea that not many other people are working on, and it's okay if it doesn't sound big at first.

Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.

You cannot create a market that doesn't want to exist.

One thing that founders forget is that after they hire employees, they have to retain them.