... fire fast when it's not working. It's better for the company, it's also better for the employee.

In YC experience, 2 or 3 co-founders seems to be about perfect.

The most important thing is that there is clear reporting structure and everyone knows what it is.

More important than starting any startup, is getting to know a lot of potential co-founders.

You need conviction in your own beliefs, and the willingness to ignore others naysaying.

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.

Most things are not as risky as they seem.