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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
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More quotes by Sam Altman
Remember that the idea will expand, and become more ambitious as you go.
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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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So always keep momentum, it's this prime directive for managing a startup.
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If you compromise in the first five, ten hires it might kill the company.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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The way to have a company that executes well is you have to execute well yourself.
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At the beginning, you should only hire when you have a desperate need to.
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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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In YC's case, the number one cause of early death for startups is cofounder blowups.
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You really want to know your cofounders for a while, ideally years.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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One thing that often disrupts momentum and really shouldn't is competitors.
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Employees will only add more value over time.
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