Sam Altman
Sam Altman
Samuel H. "Sam" Altmanis an American entrepreneur, programmer, venture capitalist and blogger. He is the president of Y Combinator and co-chairman of OpenAI...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
consumers tap
With Loopt Star, consumers get to tap interactive rewards wherever they may be.
companies facebook good google hit incredible job observed public standing terrible
Being a public company is really terrible for most companies. I'd say Facebook and Google have done a pretty good job of standing up to the incredible quarterly pressure to hit numbers, but most companies - and I've observed a lot now - don't do a very good job of that.
across available communication major service services since succeed wireless
Communication services need interoperability to succeed - and Loopt is the first such service since SMS that is available across all major U.S. wireless carriers.
answer bit hour instead less maybe missed morning sit spend stressed stressful taking unusual wonder
Maybe I am a bit unusual here, but I am less stressed if I have my phone with me. Because I can spend like an hour in the morning taking care of everything instead of I sit there and wonder what I missed or wonder what's happening. So it's way less stressful for me to just answer my phone.
advantages large main
Move fast. Speed is one of your main advantages over large competitors.
I don't often get involved with campaigns at all.
acquired companies few invest model
I don't invest in companies where my mental model is that they need to get themselves acquired in the next few years - or ever.
believe future good
I believe in the future, and to be a good investor, you have to believe in the future.
hard secret success work
Everyone is looking for the hack, the secret to success without hard work.
culture embrace location technology
Do I think every culture will embrace location technology? Yes.
cool
Check-ins are cool, but kind of a pain.
deeply either immersed life running throughout
All throughout my life I have been deeply immersed in startups, either because I was running one or investing in them or helping them.
companies people recommend
All companies that grow really big do so in only one way: people recommend the product or service to other people.
great likely
AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies.