Luc Cheung

Slowness in LaunchingCompanies of all sizes have a hard time getting software done. It's

intrinsic to the medium; software is always 85% done. It takes an

effort of will to push through this and get something released to

users.

[3]Startups make all kinds of excuses for delaying their launch. Most

are equivalent to the ones people use for procrastinating... See more

An analogy we use at KV is that building a company is like laying cement. Early on the cement is liquid and malleable – you can stir it around with your hands. As time passes, the cement hardens. Once it solidifies, adjustments require a jackhammer. And jackhammering leads to cracks and lots of noise.

As a result, we prefer to get involved as early... See more

The tendency of people and organizations is to lose focus. So one way to identify outstanding people is by their ability to commit and focus on something for a long period of time.

The only people you should hire are focused ones. The only competitors you should worry about are the focused ones.

The difference between average results and exceptional ones is what you avoid.

Be quick to say no and slow to say yes. Saying yes consumes time. Saying no creates time.

Never say yes on the spot. Always give yourself some space. Make it a rule. Tell people. That’s what Daniel Kahneman does. When he’s on the phone, he says, ‘my rule is I never say... See more

With three young kids, my relationship with time is complicated. I am at the stage where my alarm clock is a tiny pair of lungs and the idea of a vacation is a 15-minute drive to Whole Foods. These words by Charles Bukowski stopped me in my tracks, I think because my honest answer right now is freedom, but one day, when the kids are grown up, I... See more

That, as a startup, you should only do half of what you want to do (only half the options, half the tabs, half the offerings, and half the target audience) to compound your chances of true PMF.