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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Excited
Mistake
Company
Common
Things
Distracted
Companies

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Great execution towards a terrible idea will get you nowhere.
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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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Every company has a rocky beginning.
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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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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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You cannot create a market that doesn't want to exist.
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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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You need unstoppable people. You want people that are just going to get it done.
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In general, it's best if you're building something that you yourself need.
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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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... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
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Cofounder relationships are among the most important in the entire company.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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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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At the beginning, you should only hire when you have a desperate need to.
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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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