Losing focus is another way that founders get off track.

The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.

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

So you should always stay on top of people's vesting schedules.

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.

Startups are very hard no matter what you do; you may as well go after a big opportunity.

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