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" I think just calling up a VC and saying 'I want to pitch you' is an enormous waste of time. "

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" If you're pitching to investors for the first time and expecting them to be so blown away by how thoroughly amazing your pitch is that they write a check on the spot - well, prepare to be disappointed. "

" The hot deal is often the one that does not work. "

" I've just always been interested in moving past the keyboard and mouse. "

" I think entrepreneurs should demand transparency for startup accelerators. "

" Because one of the main jobs of a CEO is to set the vision and strategy for the company, I'm a big believer in making one of the founders the default CEO. "

" Twitter needs to become more of a platform on the web. If Twitter went away today, people would just turn to Facebook. If Facebook went away, people would start screaming - it's so universal. "

" The more you're real with people, and the more you let people help you, the more they get to understand how you operate as an entrepreneur. The stronger that relationship is, then the more likely there's a future together in that relationship. "

" If you're not working on something you're passionate about, it's a long, hard road. "

" Focusing on the right priorities can help you do more faster. "

" Going public is one step in the life cycle of a company; it's not the last step. "

" I think the best developers can learn any language; if they are a good developer, they can learn whatever. But the raw talent, the ability to learn it and do it and demonstrate the ability is helpful. "

" When we talk about Techstars, we think of it as this worldwide network that helps entrepreneurs succeed. "

" I was lucky to have amazing mentors like Brad Feld and Jason Mendelson. "

" Ultimately, even if you follow the advice of a mentor or board member, it's still your fault if they were wrong! "

" I'm an investor in a lot of things that have to do with human-computer interaction. "

" To have a diverse set of perspectives and backgrounds enables you to understand the market at large much more effectively. "

" You may have a small network, but growing that network has become easier with the use of social tools. LinkedIn, Conspire, even Facebook and Twitter allow you to grab branches that may have previously seemed out of reach. "

" The best mentors present their opinions simply as data and not as direction. "

" Deciding whether or not to bring in an outside CEO is one of the most gut-wrenching decisions that a founder will ever need to make. "

" We think of the Techstars product as not really the accelerator but the network. That's what entrepreneurs should be valuing here. I think it's the most undervalued thing that many entrepreneurs don't get. "

" If I'm an entrepreneur and I have an idea, and I don't have the development talent around me but I need to find a developer, I would do my selection just like I would with hiring an employee. "

" TechStars is mentorship-driven. "

" I think there are ways that perhaps organic partnerships can occur in local geographies with groups that are extremely focused on their communities. That's really how Techstars began, as a grassroots movement in Boulder, Colo., that happened to catch fire and expand around the world. "

" Twilio is a great example of a company executing tremendously well on its vision and delivering a beautiful set of products that solves real problems. "

" Strong community and mentorship are the lifeblood of any successful entrepreneurial ecosystem, and it's exciting the Boulder is showing the world just what sort of impact these things can actually have. "

" There will always be a capital shortage from the perspective of entrepreneurs. "

" If you're in a squeeze for capital and you have a solid, mutually beneficial relationship with a VC, your chances of raising will increase dramatically. "

" If you look at the history of innovation, the innovations coming through the defence department have been some of the most important innovations ever. Little things like drones, sensors, and the Internet of Things are defence-type initiatives, but the big one is the Internet itself. "

" Rules designed to ensure competition ensure that innovators with new ideas can challenge incumbents on a level playing field. "

" I had to quit a 'real job' to start my first company. "