Startups are very hard no matter what you do; you may as well go after a big opportunity.

If you can just learn to think about the market first, you will have a big leg up on most people starting startups.

A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.

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.

Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.

You can win with the best product, the best price, or the best experience.

We've seen a lot of data at YC now, and the most successful companies and the ones where the investors do the best... end up giving a lot of stock out to employees- year after year after year.