Any successful entrepreneur knows that time is more valuable than money itself.
I made a conscious decision not to tell anyone in my life. Now I tell people - don't tell anyone your idea until you have invested enough of yourself in it that you are not going to turn back. When a person has an idea at that conception moment it is the most vulnerable - one negative comment could knock you off course.
The first time I went through YC, it was smaller, and the founders were younger. The advantage of that was that the set of founders who were older than us had really seen the Web 1.0 meltdown. They brought that knowledge to us.
Rich Christiansen is one of the most insightful, practical and cost-conscious entrepreneurs in the world today. Listen to Rich. He won't steer you wrong.
I've learned it's always better to have a small percentage of a big success, than a hundred percent of nothing.
Never invest in any idea you can't illustrate with a crayon
If given a choice between investing in someone who has read REWORK or has an MBA, I’m investing in REWORK every time. A must read for every entrepreneur.
You should invest in a business that even a fool can run, because someday a fool will.
