“To build a $1 billion company, you need to already have a $100 million company; and to build a $100 million company, you need to already have a $10 million company; and to have a $10 million company, you need to build something people want. So focus on building the $10 million company first, then when you’re there, think about the $100 million one. Only when you’ve built that $100 million one should you think about how to build the $1 billion company. And I’m not talking funding-based valuations, I’m talking revenue-based valuations, which is even more fun.  Oh, and don’t listen to people who say you shouldn’t worry about dilution. You should, a lot. Just do the math.”

http://venturebeat.com/2015/05/13/billion-dollar-startups-everywhere-but-no-billion-dollar-entrepreneurs-yet/

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