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It is not possible. . . to concentrate enough military planes with military loads over a modern city to destroy that city.

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Peter Thiel

Darwinism may be a fine theory in other contexts, but in startups, intelligent design works best.

Darwinism, Design Work, Intelligent, May, Theory
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Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good investment. Investors then just hope that those cash flows - and thus the company’s value - don’t decrease faster than they anticipate.

Cash Flow, Look, Looks, Present, Value, Years

Never invest in a tech CEO that wears a suit.

Ceo, Invest, Suit, Suits, Tech

If you focus on near-term growth above all else, you miss the most important question you should be asking: will this business still be around a decade from now?

Asking, Focus, Growth, Missing

Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it's harder than it looks.

Dream, Engineers, Matter, May, Selling, World

There's a wide range of sales ability: there are many gradations between novices, experts, and masters. There are even sales grandmasters. If you don't know any grandmasters, it's not because you haven't encountered them, but rather because their art is hidden in plain sight.

Art, Experts, Grandmasters, Masters, Sales, Sight
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