Most things are not as risky as they seem.

Unfortunately the trick to great execution is to say no a lot.

These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.

As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.

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

You need someone that behaves like James Bond more than you need someone that is an expert in some particular domain.

... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.