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
companies figure tie trying ways
Many of the companies in the mobile location space are trying to figure out different ways to tie what they're doing to commerce.
believe people
Set a clear, easy-to-understand vision for your company, and make it be a mission people believe in.
time
The start-ups that do well are the ones that are working all the time.
cool fund
The thing about Y Combinator that's cool is that most companies won't happen if we don't fund them.
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.'
best fund people
Sometimes people think Y Combinator has big ideas about themes. But really, we just fund the best startups.
investing people silicon status symbol
Seed investing is the status symbol of Silicon Valley. Most people don't want Ferraris, they want a winning seed investment.
team goal should
Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
team cost
The cost of getting an early hire wrong is really high.
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.
You really want a company full of missionaries, not mercenaries.
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.
rewarding
The whole concept of rewarding customers is a big trend.
scale
The way to really scale a venture firm is with software.