I care much more about the growth rate of the market than it's current size and I also care if there's any reason it's going to top out.

You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.

We pretty much won't fund a company now where the founders don't have vested equity because it's just that hard to do.

You want to continue to be run by great products, not process for it's own sake.

Someday, you need to build a business that's difficult to replicate. This is an important part of a good idea.

... 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.

What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.