If it works out, you're going to be working on this for 10 years.

You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.

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

You can't be focussed without really great communication

... We probably funded a rate of something like one out of ten solo teams.

The most important thing is that there is clear reporting structure and everyone knows what it is.

... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.