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... for the top twenty most valuable YC companies, all of them have at least two founders.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Twenty
Companies
Twenties
Valuable
Team
Least
Company
Two
Founders

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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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If you compromise and hire someone mediocre you will always regret it.
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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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A single mediocre hire in the first five will often in fact kill a startup.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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Every company has a rocky beginning.
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If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
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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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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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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 talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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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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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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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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If you compromise in the first five, ten hires it might kill the company.
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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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