“I think by paying attention to the feedback that you get on Yelp, you can very q…” — Jeremy Stoppelman

Choose something you are passionate about - or a pain point that has affected you and that you feel really needs to be changed.

About every year or two, there is a moment of truth where there's some new development in the marketplace, some new technology, some sort of existential crisis. You just have to be vigilant about looking out for those moments.

I think with every successful consumer Internet business, there will be lawyers that are interested in going after your company, especially when they think that there's a financial incentive.

The biggest thing is to create a product that consumers find useful. As more and more people like something, it becomes harder and harder to have a conspiracy theory about it.