... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.

Press releases are easier to write than code, and that is still easier than making a great product.

I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.

Share results (financial and key metrics) with the company every month.

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

The startups that do well are the ones that are working all the time.

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?