startup

“The best way to limit monopoly economic power, he insisted, was through the advent of small new industrial units, what we call startups today, for if these latter have half a chance, they can cut rings around the great stodgy businesses.”

“If you pick an ambitious idea, you'll have less competition because everyone else would have been frightened off by the challenges involved.”

“Speed defines startups. Focus enables speed.”

“Once you've advised a hundred startups, all doing different things, you rarely encounter problems you haven't seen before.”

“If we have learned one thing from funding so many startups is that they succeed or fail based on the qualities of founders. The economy has some effects, certainly, but as a predictor of success, it's a rounding error compared to the founders, which means that…”

“The immediate cause of death in a startup is to, is always running out of money, which is exactly what Don Valentine just told us. So the cheaper your company, this is the punchline here. So the cheaper your company is to operate, the harder it is to kill.”

“There is a large random multiplier in the success of any company. Most startups tank. It's common for a startup to be developing a genuinely good product, take slightly too long to do it, run out of money, and have to shut down.”

“Which is, a startup messed up at its foundation cannot be fixed.”

“The best startups might be considered slightly less extreme kinds of cults. The biggest difference is that cults tend to be fanatically wrong about something important. People at a successful startup are fanatically right about something those outside have mis…”

“Founders only sell when they have no more concrete visions for the company. Definitive founders with robust plans don't sell, which means the offer wasn't high enough.”

“The perfect target market for a startup is a small group of particular people concentrated together and served by few or no competitors.”

“Positively defined, a startup is the largest group of people you can convince of a plan to build a different future. A new company's most important strength is new thinking. Even more important than nimbleness, small size affords space to think.”

“A startup is the largest endeavor over which you can have definitive mastery. Definitive mastery. You can have agency not just over your own life, but over a small and important part of the world.”

“When you're in a startup, the first 10 people will determine whether the company succeeds or not. Each is 10% of the company. So why wouldn't you take as much time as necessary to find all A players?”

“When you're in a startup, the first 10 people will determine whether the company succeeds or not. Each is 10% of the company. So why wouldn't you take as much time as necessary to find all A players? If three, three out of the 10 were not so great, why would y…”

“If you are smaller and slower, you're going to lose. It's just not going to happen.”

“When you're in a startup, the first 10 people will determine whether the company succeeds or not. Each is 10% of the company. So why wouldn't you take as much time as necessary to find all A players? If three, three of the 10 were not so great, why would you s…”

“Integrate market, a market with lots of real potential customers. The market pulls product out of the startup.”

“He has this thing called Teal's law, which he says that a startup messed up at its foundation cannot be fixed.”

“A new company's most important strength is new thinking. Even more important than nimbleness, small size affords space to think.”

“The best startups might be considered slightly less extreme kinds of cults. The biggest difference is that cults tend to be fanatically wrong about something important. People at a successful startup are fanatically right about something those on the outside w…”

“When you're in a startup, the first 10 people will determine whether the company succeeds or not. Each is 10% of the company. So why wouldn't you take as much time as necessary to find all A players? If three were not so great, why would you run a company wher…”

“Positively defined, a startup is the largest group of people you can convince of a plan to build a different future.”

“Every startup should start with a very small market. Always err on the side of starting too small. If you think your initial market might be too big, it almost certainly is.”