David Sacks

"The CEO's job is to make the right decisions, not to make everyone happy."

"At PayPal, we had a culture of internal debate. The best idea wins, regardless of who has it."

"The best companies are built on insights that are true but not obvious."

"Product-market fit means being in a good market with a product that can satisfy that market."

"In a downturn, the companies that survive are the ones that get to profitability or have a clear path to it."

"Your burn rate determines your runway. Your runway determines your options."

"Yammer succeeded because we built for engagement first, then figured out the business model."

"The best time to raise money is when you don't need it. The worst time is when you do."

"A startup is a company designed to grow fast. That's the only essential thing."

"Default alive means if you stopped raising money today, you'd still survive. Every startup should aim for this."