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
disaster meltdowns ifs
Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
team believe fighting
I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
quality products
Obsess about the quality of the product.
growing ships software
For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
years willing ten
In general don't start a startup you're not willing to work on for ten years.
team ideas long
No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
opportunity may matter
Startups are very hard no matter what you do; you may as well go after a big opportunity.
fate miracle natural
The natural state of a start-up is to die; most start-ups require multiple miracles in their early days to escape this fate.
working-all-the-time wells
The startups that do well are the ones that are working all the time.
college students social-network
The tenth social network, and limited only to college students with no money, also terrible. Myspace had won.
team writing promise
Investors will sort of like write the check and then, despite a lot of promises, don't usually do that much; sometimes they do.
smart team people
There are 3 things I look for when I hire people. Are they smart? Do they get things done? Do I want to spend a lot of time around them?
team add employee
Employees will only add more value over time.
team forget employee
One thing that founders forget is that after they hire employees, they have to retain them.