A winning team feels good and keeps winning. A team that hasn't won in a while gets demotivated and keeps losing.

Ideas by themselves are not worth anything, only executing well is what creates value.

Two other things that we hear again and again from our founders, they wish they had done earlier, and that is... simply writing down how you do things and why you do things.

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.

Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed

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

You should be giving out a lot of equity to your employees.