Many of the best YC companies have had phenomenally small number of employees for their first year, sometimes none besides the founders.

There are 3 things I look for when I hire people. Are they smart? Do they get things done? Do I want to spend a lot of time around them?

Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster

Execution gets divided into two key questions: 1) can you figure out what to do and 2) can you get it done.

It takes years and years, usually a decade, to create a great startup.

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

Growth and momentum are what a startup lives on and you always have to focus on maintaining these.