I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.

You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.

For early employees you want people that have somewhat of a risk-taking attitude.

You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.

In the beginning of a company, there is no management and this actually works really well.

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

You want an idea that not many other people are working on, and it's okay if it doesn't sound big at first.