Collison's tips for tech start-ups

Patrick Collison is a very smart, very successful fellow. So when he blogs about what's important when getting your start-up going, it's worth paying attention.

Here's an extract of what he says:

-- "A good product is so much more important than first mover advantage. Obvious, but keeps surprising me. Facebook, the iPhone, Dropbox, Skype, etc., have an amazing array of failed predecessors."

-- "Succeeding at biz dev just requires endless persistence."

-- "Internationalisation is an underexploited axis—people try to expand on the x-y plane, and ignore this third dimension. We grew our iPhone app revenue by over 200% through internationalisation."