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
people be-good has-beens
These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
monopoly
You have to find a small market in which you can get a monopoly, and then quickly expand.
needs belief conviction
You need conviction in your own beliefs, and the willingness to ignore others naysaying.
crazy lines sides
The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
crazy want sound
You want to sound crazy, but you want to actually be right.
Unpopular but right is what you're going for.
thinking size today
Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
growth care size
I care much more about the growth rate of the market than it's current size and I also care if there's any reason it's going to top out.
growing bigs company
I prefer to invest in a company that's going after a small but rapidly growing market than a big but slow growing one.
team numbers advice
By the way, that's my number one piece of advice if you're going to join a startup: pick a rocket ship.
team years people
To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
team two twenties
... for the top twenty most valuable YC companies, all of them have at least two founders.
team winning feel-good
A winning team feels good and keeps winning. A team that hasn't won in a while gets demotivated and keeps losing.
team solo rate
... We probably funded a rate of something like one out of ten solo teams.