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.@rabois on the most important lesson he learned from Peter Thiel: You can’t hire anybody over 30. “Peter might not say it exactly the same way today, but basically, what he was trying to say is this: by the time you’re 30, everyone on the planet knows how to assess you pretty accurately. There are enough data points on... See more

I sat down a second time with Keith Rabois (@rabois), General Partner at @khoslaventures and CEO at @OpenStore to talk operating. We spoke about the Hollywood model of startups, picking co-founders, identifying, attracting and assessing talent, raising capital, building a board, delegating, metrics, and knowing what to... See more

Peter Thiel on the biggest lesson he learned in 10+ years of venture capital Thiel explains how his biggest miss as a VC (not doing Facebook’s full Series B) led to a key insight: “Once something works, people often underestimate it. And when things aren’t working, they underestimate how muc... See more

Q: How do you build effective teams? Keith Rabois, Founders Fund Partner and former COO of Square, has a great framework for building effective teams that he calls: “Barrels and Ammunition.” When most companies begin scaling, they just hire a lot of people. Naively, they expect that—as they ... See more

1/ I see lots of financial projection spreadsheets (mostly for seed stage and Series A companies). The spreadsheets often have yellow (or red) flags that are easy to fix. Below are some tips for making better financial projections: