However, even a great mission is not enough. The kind of recruit who would be most engaged as an employee will also wonder: “Are these the kind of pe… - Peter Thiel

A board of three is ideal. Your board should never exceed five people, unless your company is publicly held. (Government regulations effectively mandate that public companies have larger boards — the average is nine members.) By far the worst you can do is to make your board extra large. When unsavvy observers see a nonprofit organization with dozens of people on its board, they think: “Look how many great people are committed to this organization! It must be extremely well run.” Actually, a huge board will exercise no effective oversight at all; it merely provides cover for whatever microdictator actually runs the organization. If you want that kind of free rein from your board, blow it up to giant size. If you want an effective board, keep it small.

únicamente en el principio tienes la oportunidad de establecer las normas que alinearán a la gente hacia la creación de valor en el futuro.

Of the six people who started PayPal, four had built bombs in high school.