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.

The idea should come first, the startup should come second.

Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.

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

The company just needs to see you as like this maniacal execution machine.

Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.

A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.