Streaming media server

Paul Buchheit describes how he learned to invest in startups through successes and mistakes. He favors founders who communicate clearly, move quickly, accomplish a lot with little, and pursue ambitious or initially implausible ideas. He advises investors to prioritize founders over their own market expertise, act decisively on promising companies, and avoid investing based only on price, pity, cynical motives, or impressive numbers. He also stresses that seed investing involves luck, so investors should avoid drawing overly broad lessons from individual failures.