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
location sole
Location is the sole difference between mobile and traditional Web.
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.
finally force harness people understand
The crowd's a really powerful force on the Internet, and people finally understand how to harness that.
rewarding
The whole concept of rewarding customers is a big trend.
heartache invest kinds people product recipe throw totally
I think the mistake people make most often when they invest in other kinds of startups is they say, 'This is totally different.' And so the things that matter, like making a product that people desperately want, like talking to customers, they throw this out the window. That is a recipe for heartache and tears.
deals insider latest
The Loopt mobile app is all about giving you the latest local deals and insider tips.
capital easy either figure good money needs offering raise
Generally, you want to raise capital either when you have to or when it's really easy. If the company desperately needs money, and they can't figure out any other way, then they need to raise money. Or if someone's offering you easy money on good terms, you should take it because you can use it for good things.
cool fund
The thing about Y Combinator that's cool is that most companies won't happen if we don't fund them.
family handful hundred low prefer priority
Never put your family, friends, or significant other low on your priority list. Prefer a handful of truly close friends to a hundred acquaintances.
ambitious believe critically future people trend whatever worth
I believe whatever smart, ambitious people are working on will be the trend of the future. I do think that it's worth thinking critically about what the future will be.
keeps
Loopt isn't a service that keeps you locked in, staring at your screen.
good nearly people spend time
I don't think people spend nearly enough time thinking about what they like and what they're good at.
amount companies generally possible small spending time work worth
Companies generally work better when they are smaller. It's always worth spending time to think about the least amount of projects/work you can feasibly do, and then having as small a team as possible to do it.
case jobs technology time
Technology magnifies differences, and it's been replacing or obviating jobs for a long time. But what happens as that case accelerates? I'm not one of these doomsayers who says, 'There will be no jobs.'