“Starting a business around something that you truly don’t love is.. betrayal. You are betraying yourself by not following your true passions and desires.

“..we can stop pretending that the tech world is a dating scene. You want that, go join a jogging club.

“Not just the journalists and bloggers scrabbling for $60k, but even the engineers with $125k paychecks will eventually find their friend’s just made $3 mil off a sale of a startup they didn’t even start. ..those millionaires will still be jealous of their colleagues who made it out with “fuck you” money, who will in turn start hanging out with moguls whose fortunes dwarf their own..

“Oh boy, a young person started a business. Who cares? It’s cool and all that they started businesses, but they still have a 90% chance of failing just like everyone else. The real test is whether they already have an idea for business #2.

“You can stand to be flat for awhile when you are way ahead, but when you’re #2 and flat you’re not in a good place.

“Heroics are for when you have no other choice. When you can afford to take on tremendous risk because there’s no alternative. That’s probably not today.

“..if you remember Dan Bricklin’s rule, you’ll avoid hours of interesting discussions about how important it is to do something that is impossible to do.

“Instead of making you feel bad for “only” doing 99%, a well designed system makes you feel good for doing 1%.

“How many pages does a Web 2.0 company have to flip a month to get on track one day hold an initial public offering? A billion or more, says Opus Capital partner Ken Elefant, which is why his firm doesn’t invest in them.

“..don’t listen to pundits, loud bloggers, or any individual just because they have a large following or can make a lot of noise…especially if they haven’t used the site on a regular basis! Make sure that the sample of people you’re listening to is part of the actual user population.