A fundamental challenge for new ventures is accessing, interpreting, and processing the information needed to recognize and realize an opportunity

"If you're a healthcare startup, it doesn't matter if they're the best consumer internet VCs on the planet and the mentors are all consumer internet gurus; if you're doing healthcare, that's not the right fit for you".

The recipe for impressing investors: – Make something worth investing in. – Understand why it’s worth investing in. – Explain that clearly.

"The accelerator experience is a process of intense, rapid, and immersive education aimed at accelerating the life cycle of young innovative companies, compressing years’ worth of learning-by-doing into just a few months".  

"We've been publishing the TechStars data fully since the beginning on TechStars.com. For every single company, you can see if it's a failure, success, how much they raised. Entrepreneurs deserve that sort of transparency from accelerators, and it's not hard to do"

"No matter how brilliant your mind or strategy, if you're playing a solo game, you'll always lose out to a team"

"For most startups at this stage, the best predictor of success is the founders. The most important parts of the application are the questions about the founders’ backgrounds and the most impressive things they’ve done. We’re looking for evidence that the founders are smart, effective, and determined.".

"A startup’s main advantage is speed of learning. You learn what works and doesn’t work when you take action, run tests, get feedback, and iterate. You can’t be an entrepreneur in an armchair -- you must do".

There is a close to zero percent chance that the plan you have today will be the best plan in six months.

It’s critical to understand that an MVP is not the product with fewer features. Rather it is the simplest thing that you can show to customers to get the most learning at that point in time.

Startups need to get to “Product/Market Fit” or die trying. Most die trying.