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Another way of looking at this, is that the best companies are almost always mission oriented.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Always
Missions
Companies
Almost
Company
Looking
Another
Best
Oriented
Way
Mission

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No matter what you choose, build stuff and be around smart people.
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Or a way to stay on strangers couches, that just sounds terrible all around.
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In the beginning of a company, there is no management and this actually works really well.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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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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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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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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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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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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... 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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Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
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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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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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Losing focus is another way that founders get off track.
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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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The thing that kills startups at some level, is the founders giving up.
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