The second part of how to hire: try not to.

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

Experience matters for some roles and not others.

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?

Most founders have not managed people before, and they certainly haven't managed managers.

In YC's case, the number one cause of early death for startups is cofounder blowups.

We hear again and again from founders, that they wish they had waited to start a startup until they came up with an idea they really loved.