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
bad compete diagram famous good great ideas lie people secretly thus totally until
There's this famous observation that I totally believe: Great startup ideas are the ones that lie in the intersection of the Venn diagram of 'is a good idea' and 'looks like a bad idea.' So you want most people to think it's a bad idea and thus not compete with you until you get giant. But for it to secretly be good.
advantages large main
Move fast. Speed is one of your main advantages over large competitors.
mission
It's so important for startups to get their culture right at the start. They need to feel unique and that they are on their own important mission in the world.
costs happen reasons software
All the reasons that have made software so successful are beginning to happen with hardware. So much can be done so quickly, prototyped so rapidly, and the costs are so low.
android iphone large people quite
If you look at people who have an iPhone or Android and are under 40 and are dissatisfied with their bank, it's actually quite a large market.
caught complex email few head leave meetings office review roughly schedule top work
I get up late, have an espresso, and immediately start work. I try to get roughly caught up on email before I leave the house, then if I need to write anything or review a complex deal, I do that, and then I head to the office and work on my top few priorities for the day. I try to schedule my meetings in the afternoon.
cool founders hire people seems
Many founders hire just because it seems like a cool thing to do, and people always ask how many employees you have.
company founder investors
If a company is profitable, the founder is in control. If it's not, investors are in control.
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.
consumers tap
With Loopt Star, consumers get to tap interactive rewards wherever they may be.
whoever work works
Whoever Boost works with, Sprint will work with. And whoever Sprint works with, Verizon and AT&T will as well.
america device likely networks tapping tend using
Virgin America flyers tend to be more likely to be using a mobile device and tapping social networks - even at 35,000 feet.
smart people matter
No matter what you choose, build stuff and be around smart people.
two keys done
Execution gets divided into two key questions: 1) can you figure out what to do and 2) can you get it done.