Since ideologues get their opinions in bulk, they assume everyone else does too, and thus that anyone who disagrees with one of their opinions must d… - Paul Graham

If you're a hot startup, investors will offer you money on terms so good it would seem crazy to refuse. And yet it will often be the right thing to. Not because of the dilution, but because raising too much will make your company slack and bloated.

To write good software you must simultaneously keep two opposing ideas in your head. You need the young hacker’s naive faith in his abilities, and at the same time the veteran’s skepticism. You have to be able to think how hard can it be? with one half of your brain while thinking it will never work with the other.

Steve Jobs saved a company that was in a terminal decline. And not merely in the way a turnaround specialist does, by cutting costs; he had to decide what Apple’s next products should be. Few others could have done it.