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At the beginning, you should only hire when you have a desperate need to.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Hire
Desperate
Beginning
Team
Need
Needs

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You really want to know your cofounders for a while, ideally years.
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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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Be suspicious of any work that is not building product or getting customers.
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So always keep momentum, it's this prime directive for managing a startup.
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If you want something in a deal, just ask for it.
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No matter what you choose, build stuff and be around smart people.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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You need to figure out what the 2 or 3 most important things are, and then just do those.
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If it works out, you're going to be working on this for 10 years.
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Or a way to stay on strangers couches, that just sounds terrible all around.
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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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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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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 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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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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Most things are not as risky as they seem.
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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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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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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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