Founders need to figure out what the message of the company is going to be.
In general, it's best if you're building something that you yourself need.
... how much time you should be spending on hiring? The answer is 0 or 25 percent.
Good startups usually take 10 years.
There are 3 things I look for when I hire people. Are they smart? Do they get things done? Do I want to spend a lot of time around them?
The way you get deals done and the way you get good terms, is to have a competitive situation.