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Growth and momentum are what a startup lives on and you always have to focus on maintaining these.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Momentum
Maintaining
Growth
Focus
Lives
Always

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The thing that kills startups at some level, is the founders giving up.
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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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Startups are very hard no matter what you do you may as well go after a big opportunity.
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Cofounder relationships are among the most important in the entire company.
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The startups that do well are the ones that are working all the time.
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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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The second part of how to hire: try not to.
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Most of the best hires that I've made in my entire life have never done that thing before.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
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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.
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Move fast. Speed is one of your main advantages over large companies.
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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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Ideas by themselves are not worth anything, only executing well is what creates value.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
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If you compromise in the first five, ten hires it might kill the company.
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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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A single mediocre hire in the first five will often in fact kill a startup.
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The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.
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No matter what you choose, build stuff and be around smart people.
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In the beginning of a company, there is no management and this actually works really well.
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