Michael Seibel Quotes

Fundraising is a long and distracting process, and by the end of it, all you want to do is go back to building the product that you're working on.

Great entrepreneurs focus intensely on an opportunity where others see nothing. This focus and intensity helps to eliminate wasted effort and distractions. Most companies die from indigestion rather than starvation, i.e., companies suffer from doing too many things at the same time rather than doing too few things very well.

Once you have a product that you are happy with, you the need to centralize things to continue growth.

Strategy 101 is about choices: You can't be all things to all people.

I've been good at product entrepreneuring.

At Andreessen Horowitz, we talk about the notion of being 'too hungry to eat.' That's to say, we often see startups that are so entrenched in the product that the founders forget they need muscle to grow.

Challenges keep evolving as you move into different stages. When you are at a prototype stage, it's about getting that sustenance money. Then, talent becomes an issue; your early hires are difficult to get when you aren't too big. Later, it's about handling growth; then, you have competition.

Don't worry about the financials. Just focus on delivering great products.

We're not really in the business to sell ourselves. We want to sell what we work on.

Starting a business from scratch and having little money in the bank focuses your mind in a way that running a multibillion-dollar business never does. It brings the key drivers of performance into sharp relief. I promise.

When you're building a business, you want to focus and deliver excellence at what you do. This simply cannot be done when you are launching multiple ventures, dozens of new products, and selling everywhere and anywhere at the same time.

Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.

XUV is a living proof of the value of MRV. In that sense, the XUV was a wonderful validation. The XUV grew along with MRV. As the institution was built, the product was created.

There's no one person that can provide all the insights I need to run the business. There are so many aspects to WeWork: Digital, real estate, operations, space, and design. I pick and choose people who can help in each aspect.

You don't have the chance in a small business - when every dollar counts, every day - to make too many mistakes and recover from them, and you don't have the luxury of waiting to make the decision. You have to move quickly.

Entrepreneurs create value; I wanted to create ideas that became machines for making value.

We don't want to go starting completely separate businesses that do nothing for our user base.

It's important for founders to think about how they would build their company from scratch - again.

So many of the major decisions that affect the entire future of your enterprise happen during its first year in business. In fact, most don't make it because they don't know how to get the resources they need to survive.

Going forward, we will focus on building the very best Windows phones on a quicker timeline. We will also focus on the channels and markets that offer the best returns. This is a similar approach to the one we have taken with Surface, which has been very successful.

Twitter can afford to build the wrong things. However, Twitter cannot afford to build the right things too slowly.

CEOs shouldn't worry about their budget all the time - on a day-to-day basis, they should work on managing their company, building an awesome product, developing key relationships, identifying distribution channels, etc.

The most incredible businesses are started by entrepreneurs who relentlessly pursue their passion, but passion works best with a thoughtful, ambitious-yet-grounded business plan.

You need to run the company on an even keel, and you need to be thinking about the company long-term and how to drive your next innovation.

I enjoy business, being an entrepreneur on every level. I really enjoy it.