Great companies start because the founders want to change the world… not make a fast buck.
Founders go wrong when they start to believe their business plan will materialize as written. I advise entrepreneurs to burn their business plan – it’s simply too dangerous to the health of your business.
By maintaining an active feedback system at every stage of a startup, founders can reduce their burn rate, increase their virality coefficient, and retain key hires.
We are living out the liberal dream of our founders. The Constitution, the very liberal document – we have gone beyond English common law, which was the basis of law in the West.
As we look back over the sweep of American history, it has been the American Presidency that has best fulfilled the vision of the Founders. It has brought to our Republic a dynamism and effectiveness that other democracies have lacked.
I get a kick out of helping the next generation of founders.
In revealing the workings of government that led to the Vietnam War, the newspapers nobly did precisely that which the Founders hoped and trusted they would do.
If we completely repealed the estate tax, it would provide an estimated $32 billion tax break for the Walton family – the founders of Wal-Mart.
There are lots of people building the next TransferWise, not in a sense of competing with us but in a sense of building large, successful companies that are doing something important. I just enjoy helping these founders navigate the journey.