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The startups that do well are the ones that are working all the time.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Ones
Working
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Well
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More quotes by Sam Altman
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.
Sam Altman
... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
Sam Altman
Most things are not as risky as they seem.
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Before product/market fit, your only job that matters is to build a great product.
Sam Altman
AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
Sam Altman
... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
Sam Altman
The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
Sam Altman
Most of the best hires that I've made in my entire life have never done that thing before.
Sam Altman
Growth solves (nearly) all problems
Sam Altman
Be suspicious of any work that is not building product or getting customers.
Sam Altman
You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
Sam Altman
Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
Sam Altman
You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
Sam Altman
The track record for founders that don't already know each other is really bad.
Sam Altman
The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
Sam Altman
One thing I tell startups all the time is that the best way to grow is to make their product better.
Sam Altman
When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
Sam Altman
The second part of how to hire: try not to.
Sam Altman
In general though, if you look at the track record of pivots, they don't become big companies.
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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
Sam Altman