Young people have a good pulse on what industries are growing quickly because young people are the future generation

If you're going to join a company, pick a rocketship

Hiring

Co-founders

• Co-founders should already know each other
• Should be relentlessly resourceful, tough, and calm
• Co-founders should have expertise in the space // have a tech person on board
• Remote co-founding teams do not work out well

Employees

• Be sparing with who you hire, less is better
• Early bad hires are hard to recover from, the earlier the more difficult to recover
• Time spent hiring should be either 0% or 25%
• Mediocre engineers do NOT build great companies
• Optimize for aptitude over experience when hiring
• 3 things to look for when hiring someone:
  • Are they smart?
  • Do they get things done?
  • Do I want to spend a lot of time around them?
• Work with someone / call references and ask pointed questions
• Hire someone you would be comfortable reporting to

Equity

• You should give 10% of the company to the first 10 employees to be earned over 4 years