Working remotely is not at all about the software tools that you use but rather about the culture that you've instituted as a company.

We make money by deploying our capital versus sitting on our capital. So, the main message to all of our entrepreneurs—and to entrepreneurs period—is that entrepreneurial spirit and entrepreneurial energy and innovation is timeless; it's not dependent on macro environments.

As we've seen over and over in the history of downturns... companies that stay disciplined and continue to execute through them come out the other side much stronger and in a position to really take advantage of the current market dynamics.

Never do a 5 or 10% layoff because it doesn't create any meaningful gain, yet you go through all the excruciating cultural pain.

Be fearful when others are greedy and greedy when others are fearful.

At the end of the day, when you are a private company, cash is king. And when you have prolonged periods of expansion and good times as we have, you get further and further away from that mindset.

Sometimes, constraints lead to creativity.