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One thing I tell startups all the time is that the best way to grow is to make their product better.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Better
Thing
Way
Product
Make
Products
Time
Grow
Grows
Tell
Best

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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
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One thing that founders always underestimate is how hard it is to recruit.
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You don't get to make their decisions but you do get to choose the decision makers.
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... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
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The startups that do well are the ones that are working all the time.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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Unfortunately the trick to great execution is to say no a lot.
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... you want to be proud of how much you can get done with a small numbers of employees.
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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.
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You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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The thing that kills startups at some level, is the founders giving up.
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You need this sort of a tailwind to make a startup successful.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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In general though, if you look at the track record of pivots, they don't become big companies.
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Unpopular but right is what you're going for.
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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
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