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Every company has a rocky beginning.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Rocky
Beginning
Company
Every

More quotes by Sam Altman

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In YC's case, the number one cause of early death for startups is cofounder blowups.
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Employees will only add more value over time.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
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The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.
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At the beginning, you should only hire when you have a desperate need to.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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In general though, if you look at the track record of pivots, they don't become big companies.
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A single mediocre hire in the first five will often in fact kill a startup.
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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
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Growth solves (nearly) all problems
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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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Cofounder relationships are among the most important in the entire company.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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Obsess about the quality of the product.
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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.
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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
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