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

Great execution is at least 10 times more important and a 100 times harder than a good idea.

In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.

Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.

Investors will sort of like write the check and then, despite a lot of promises, don't usually do that much; sometimes they do.

The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.

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