Remember that you are more likely to die because you execute badly than get crushed by a competitor.
Cofounder relationships are among the most important in the entire company.
A single mediocre hire in the first five will often in fact kill a startup.
The startups that do well are the ones that are working all the time.
Employees will only add more value over time.
A winning team feels good and keeps winning. A team that hasn't won in a while gets demotivated and keeps losing.