Favstar gets even better if you sign in.
1999 - $5M to launch a product, 30M serious computer users. 2014 - $5K to launch, 3B serious phone users. Leverage / $ is up 100,000x.
Startups don't die when they run out of cash, they die when the founders run out of energy.
VCs: "Too many angels!" | Angels: "Too many incubators!" | Incubators: "Too many companies!" | Entrepreneurs: "Too little of Everything."
Three things in life - your health, your mission, and the people you love. That's it.
It's never been easier to start a company. It's never been harder to build one.
Mathematicians look down on Physicists, who look down on Engineers, who look down on Designers. And Designers look down on everyone.
Avoid skeptics for your early hires. You want optimists with good judgment and execution skills.
Pitching skills are overrated. Find the right co-founder. Attack the right market. Craft the right product. Investors will pitch you.
You have to pick something big to work on, because it's hard to commit your life to something small.
Highly recommend that every would-be investor start a company first. It's hard to understand pain in the abstract.
I never met my greatest mentor. I wanted so much to be like him. But, his message was the opposite. Be yourself, with passionate intensity.
Cryptocurrencies are a native language for value transfer in networks more than they are a currency for humans: http://startupboy.com/2014/04/01/the-fifth-protocol/ …
"Don’t hire for brains or personality alone in early-stage startups. Hire for resilience." by @anthemos https://medium.com/p/43686fa7d825?source=tw-441b78be3963-1399657778448 …
Blockchains will eventually decentralize every piece of cloud infrastructure - identity, DNS, storage, hosting. Encrypted URLs everywhere.
Friend graphs (FB, LI) are declining in strategic value as mobile contact list takes over. Stranger graphs (IG, TWTR) maintain full value.
"No success in the professional realm can compensate for failure in the home." - A wise friend.
Crypto-nerds, your time has come. There is a small chance that the greatest wealth transfer in human history will occur via bitcoin.
The Internet allows any two individuals to transfer data without permission from any central authority. Bitcoin does the same for value.
My 1 repeated learning in life: "There Are No Adults" Everyone's making it up as they go along. Figure it out yourself, and do it.
Co-founder AngelList • Founder Epinions, Vast • Author Startupboy, Venture Hacks • Investor Twitter, Uber, Yammer, Postmates, Wanelo, Flipagram