The startups that do well are the ones that are working all the time.
Ideas by themselves are not worth anything, only executing well is what creates value.
At YC we have this public phrase, and it's relentlessly resourceful.
At the beginning, you should only hire when you have a desperate need to.
M&A negotiations feel really fun. This is one of the biggest killers of companies, is they entertain acquisition conversations.
The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.