Founders

Here is what I want to remember from today:

1) Founding a company is a marathon, not a sprint. Prioritise mental health.

2) Always raise with leverage for the founders over the VCs. 

3) Hire an HR early that manages appropriate framework for compensation, power dynamics between teams ensuring everyone can work together smoothly.

4) When you hire people early on make sure to scope a structure and ranks to avoid internal power struggle. Be deliberate on what positions you are hiring for.

5) Ideas change, execution can be figured out but you cannot change your cofounder. They should have all of intelligence, integrity and energy.

6) Start with your mission and work backwards.

7) Open source is an example of public good- something that everyone needs but no one pays for.

8) Modular will beat monolithic with  tokenised open source flywheels.

9) Early in a company when team is very small, it is very important to have positive attitude from everyone. A single negative person can bring the whole team down.

Great insights! Remember: prioritize mental health, leverage for founders, hire HR early, define structure, choose cofounders wisely, start with mission, embrace open source, stay positive! 🚀