If you don't love and believe in what you're building, you're likely to give up at some point along the way.

We've seen a lot of data at YC now, and the most successful companies and the ones where the investors do the best... end up giving a lot of stock out to employees- year after year after year.

It's better to have a few users love your product than for a lot of users to sort of like it.

Every first time founder waits too long, everyone hopes that an employee will turn around. But the right answer is to fire fast.

Developing a personal connection with anyone you're trying to do a big deal with is really important.

One thing that founders forget is that after they hire employees, they have to retain them.

You can have a startup and one other thing, you can have a family, but you probably can't have many other things.