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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Different
Loose
Things
Slightly
Communication
Focus
Small
Working
Everyone
Enough
Breakdown

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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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You can basically change everything in a startup but the market.
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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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A single mediocre hire in the first five will often in fact kill a startup.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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You really want to know your cofounders for a while, ideally years.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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Employees will only add more value over time.
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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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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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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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It really is true that you become an average of the people you spend the most time with.
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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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The best people know that they should join a rocketship.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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The cost of getting an early hire wrong is really high.
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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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