In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.

Share results (financial and key metrics) with the company every month.

One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.

People that are really smart and that can learn new things can almost always find a role in the company as time goes on.

You also really want to take the time to think about how the market is going to evolve.You need a market that's going to be big in 10 years.

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

If you compromise and hire someone mediocre you will always regret it.