Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.

As you grow, the productivity I think, goes down with the square of the number of employees if you don't make an effort.

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

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

Once your product is working, switch from not caring about this to caring about this a little bit.

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.

The thirteenth search engine- and without all the features of a web portal, most people thought that was pointless.