You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.

I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.

In the beginning of a company, there is no management and this actually works really well.

If you're not in college and you don't know a cofounder, the next best thing I think is to go work at an interesting company.

Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.

You want to sound crazy, but you want to actually be right.

As long as you keep doing the right thing and have the best product, you can beat the bigger company.