One of the great and terrible things about starting a start up is that you get no credit for trying.
Every first time founder waits too long, everyone hopes that an employee will turn around. But the right answer is to fire fast.
Good startups usually take 10 years.
You want to continue to be run by great products, not process for it's own sake.
You can't be focussed without really great communication
Ideas by themselves are not worth anything, only executing well is what creates value.