A great article on founders by PG. TL;DR:
1. Determination: This has turned out to be the most important quality in startup founders. We thought when we started Y Combinator that the most important quality would be intelligence. That’s the myth in the Valley.
2. Flexibility: The world of startups is so unpredictable that you need to be able to modify your dreams on the fly.
3. Imagination: It’s not so important to be able to solve predefined problems quickly as to be able to come up with surprising new ideas. In the startup world, most good ideas seem bad initially.
4. Naughtiness: Though the most successful founders are usually good people, they tend to have a piratical gleam in their eye.
5. Friendship: Empirically it seems to be hard to start a startup with just one founder. Most of the big successes have two or three. And the relationship between the founders has to be strong.
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