You cannot create a market that doesn't want to exist.

The best source by far for hiring is people that you already know and people that other employees in the company already know.

Startups are not the best choice for work-life balance, and that's sort of just the sad reality.

The best people know that they should join a rocketship.

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.

I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.

Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.