Silicon Valley veterans share a tacit understanding that what a startup needs isn't one CEO, but three —each at successive stages of the startup's development.

Startups are unique animals. We take them pretty much for granted out here now, but they are still endeavors that require very different skills from the ones needed in established companies.

Anyone can sail with the wind to his back. Startups usually sail into a stiff wind, leaking like a sieve, in high seas, without food or water.

In the world of startups, angels invest in seed or early-stage deals, and with their money they lend a bit of advice. They pay for the privilege of helping the company.

Good entrepreneurs are passionate visionaries, usually with one or more exceptional talents, but rarely have they actually built a company from scratch.

It's not clear that being the first-mover will provide the rash of Internet startups a sustainable competitive advantage. Ultimately being right, or better positioned, may be more important than being first.

Deferred Life Plan: Step one: Do what you have to do. Then, eventually — Step two: Do what you want to do

Most business ideas do not find funding. Even the majority of those that are funded—that is, vetted by very smart people who think enough of the ideas to invest in them — ultimately fail.

It's the romance, not the finance that makes business worth pursuing.

Entrepreneurs, in my experience, don't like to be told they're wrong.

The business model can and should change over time, as the world changes.

Business conditions are forever changing. You need to reconsider your strategies and business models constantly and adjust them where necessary.

Business is about nothing if not people.

If you turn a visionary startup into an operating company too early, you throw out its birthright. It will never be as big, or as influential as it might otherwise be. It will be much harder, perhaps impossible, to expand the vision later, when performance is being measured, because then there's too much at stake.

Business failures are unfortunate but necessary steps in the search for those few huge successes.

If you're brilliant, 15 to 20 percent of the risk is removed. If you work twenty-four hours a day, another 15 to 20 percent of the risk is removed. The remaining 60 to 70 percent of business risk will be completely out of your control..

Work hard, work passionately, but apply your most precious asset — time — to what is most meaningful to you.

Time is the only resource that matters.

The really cool challenge of '24' was learning on camera how to be a dramatic actress. The biggest difficulty was the industry side of things. I was very lucky that I had Joel Surnow, one of the creators of '24,' in my corner. Early on, the Fox executives couldn't believe that I was on the show.

What can possibly be the common factor in a Kim Jee-woon film? I think what really ties a lot of my projects together is that there is always a character that believes his life is not exactly the way he wishes it to be. My regard for that character turns out to be a very sympathetic one.

The new spirituality will also base itself on a third very large spiritual understanding, which is that life is eternal. Most religious people claim to believe that, but very few people actually live as if that were true.

I am considering two things on a daily basis: what is right to do and what is wrong to do in my role as President of my people. According to my conscience, I am trying to abide by the right. My vision is peace. My vision is prosperity.

I have Internet fame. Real fame is more intense.

We will work on ways to digitally enhance Everest, matching it with Dolomites and Everest, but I'll do everything physically first. If there's no other way, then I'll go to CGI.

You see, in life, lots of people know what to do, but few people actually do what they know. Knowing is not enough! You must take action.

Every time the liberals pass a bill - I don't care what it involves - they stick criminal sanctions on it. They don't feel there is any way people are going to keep a law unless they can put them in jail.

No one is served or benefitted by believing in false or faulty ideas.

Never put off the work till tomorrow what you can put off today.

A man ought to read just as inclination leads him, for what he reads as a task will do him little good.

I'm going into my first Olympics, whereas people I'm racing against are going into their third and fourth and probably last Olympics. So there's more pressure on them to perform. I've still got a whole future ahead of me. I am not even the Olympic champ.

I think drug movies free the director to make intense films.

Don't skimp on the ice. Bags from the grocery store melt so fast and water down your drinks. I prefer beautiful, big squares for my cocktails.

I have run campaigns. That doesn't make you the establishment.

People are tough. We're evolved for less food; more exercise; less sleep; less security; more paranoia. The irony is that we're so good at what we do. We strive for more food; less exercise; more sleep; more security; less paranoia - and we've succeeded.

I've just always been interested in alter-naturalism and seeing if you can make real life interesting enough to be dramatic without enhancing it. Like, could you make a movie or write a play in which there's no compression of time, there's no enhanced event, it's just real life?

I had rather believe all the Fables in the Legend, and the Talmud, and the Alcoran, than that this universal frame is without a Mind.

I would always stand up for women, but I don't want women's rights and all that sort of thing. I love to have men around, and I suppose if you're a true feminist, you get on and do it yourself. I love it when someone says, 'I'll get your coat' or, 'I'll look after you', or offers you a seat on the bus. I'm thrilled to bits. I'm not a feminist.

I am a governor who left office with a smaller general fund budget than when we started.

As great as it is, 'Vogue' won't change a designer's business. But if an unknown brand is worn by a certain person in a tabloid, it will be the biggest designer within a week.

Usually, when I liked athletes growing up, it was because they could hit a ball very far or they can throw a ball very fast. They can shoot a jumper, or they can dunk the ball.

The writing process, the way I go about it is I do whatever the beat feels like, whatever the beat is telling me to do. Usually when the beat comes on, I think of a hook or the subject I want to rap about almost instantly. Within four, eight bars of it playing I'm just like, 'Oh, OK. This is what I wanna do'.

I grew up in a slum neighborhood - rows of tenements, with stoops, and kids all over the street. It was a real neighborhood - we played kick-the-can and ring-a-levio.