Angel investor Ron Conway has put money in over 500 companies, so he knows a few things about what works and what doesn’t. In this Entrepreneur Thought Leader Lecture at Stanford University, Conway and fellow investor Mike Maples Jr. of Maples Investments discuss ways to stay competitive and make your money last. Tip one: Don’t be in a hurry to grow your staff as fast as you might be tempted.

http://ecorner.stanford.edu/swf/player-ec.swf