The cost of getting an early hire wrong is really high.

Most of the best hires that I've made in my entire life have never done that thing before.

There are exceptions of course, but most companies start with a great idea - not a pivot.

Good startups usually take 10 years.

You need this sort of a tailwind to make a startup successful.

Many of the best YC companies have had phenomenally small number of employees for their first year, sometimes none besides the founders.

One thing I tell startups all the time is that the best way to grow is to make their product better.