venture capital is actually team sport. the Midas Award goes to a person, not a firm. that’s insane and will change. - Auren Hoffman

the best thing you can do in a complex organization is work on making it simpler. the easiest way to do that is to reduce the number of white-collar employees. fewer full-time employees means decisions can be made much faster.

anything wrote or recurring can be done with APIs, software, or contractors (that you can treat as APIs).

any massive expertise can be rented — you can always rent the world-class expert but you usually cannot hire her. you only need employees for the most strategic parts of the business. most businesses can cut between 50-80% of the people making $80k or more.

on AI devices: voice for input (writing), display for output (reading)
voice-only devices like did not take off because humans absorb information way faster visually than auditory.

the most valuable seed investors are the ones doling out AWS credits like candy