At YC we have this public phrase, and it's relentlessly resourceful.

As you grow, the productivity I think, goes down with the square of the number of employees if you don't make an effort.

One thing that founders forget is that after they hire employees, they have to retain them.

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?

In the beginning of a company, there is no management and this actually works really well.

If you compromise in the first five, ten hires it might kill the company.

A third advantage of mission oriented companies, is that people outside the company are more willing to help you.