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You can basically change everything in a startup but the market.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Everything
Basically
Market
Change

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The most important thing is that there is clear reporting structure and everyone knows what it is.
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One thing that founders forget is that after they hire employees, they have to retain them.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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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 single word that matters most I think to keep the company productive as it grows is alignment.
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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 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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... 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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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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Most of the best hires that I've made in my entire life have never done that thing before.
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Every company has a rocky beginning.
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You should be able to describe any employee as an animal at what they do.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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You don't get to make their decisions but you do get to choose the decision makers.
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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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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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Great execution towards a terrible idea will get you nowhere.
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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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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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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.
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