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
acquired companies few invest model
I don't invest in companies where my mental model is that they need to get themselves acquired in the next few years - or ever.
cool
Check-ins are cool, but kind of a pain.
companies people recommend
All companies that grow really big do so in only one way: people recommend the product or service to other people.
great likely
AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies.
beach dive europe island love scuba sit staying stuff summers
There is a lot of stuff I like. I love backpacking. I love going to an island where I can just sit on the beach and read or scuba dive and sail. I do a lot of that. I still go backpacking around Europe in the summers and staying in hostels. I love that.
hire sake
Don't hire for the sake of hiring. Hire because there is no other way to do what you want to do.
Don't let yourself make excuses for not doing the things you want to do.
deals insider latest
The Loopt mobile app is all about giving you the latest local deals and insider tips.
lose model money plenty
I have plenty of investments that I wish I'd never made. But the model is to lose money on a lot of investments and then make 1,000X or 10,000X on an investment.
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.
time
The start-ups that do well are the ones that are working all the time.
calling mistake people small stupid understand
People always make the mistake of calling an idea small or stupid because they don't understand how it's going to evolve.
scale
The way to really scale a venture firm is with software.
feature
Asking what I'd do without Loopt is almost like asking what I would do if I didn't have a smartphone because the feature set has become the norm for me.