More important than starting any startup, is getting to know a lot of potential co-founders.

We pretty much won't fund a company now where the founders don't have vested equity because it's just that hard to do.

Study the unusually successful people you know, and you will find them imbued with enthusiasm for their work which is contagious. Not only are they themselves excited about what they are doing, but they also get you excited

What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.

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

You'll get more support on a hard, important, project than a derivative one.

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