One thing that founders always underestimate is how hard it is to recruit.
... 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.
The thing that kills startups at some level, is the founders giving up.
Employees will only add more value over time.
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.
Execution gets divided into two key questions: 1) can you figure out what to do and 2) can you get it done.