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Most things are not as risky as they seem.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Risky
Seem
Seems
Things
More quotes by Sam Altman
Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
Sam Altman
You don't get to make their decisions but you do get to choose the decision makers.
Sam Altman
A single mediocre hire in the first five will often in fact kill a startup.
Sam Altman
Growth solves (nearly) all problems
Sam Altman
For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
Sam Altman
I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
Sam Altman
If you compromise in the first five, ten hires it might kill the company.
Sam Altman
... you want to be proud of how much you can get done with a small numbers of employees.
Sam Altman
So it's worth some real up front time to think through the long term value and the defensibility of the business.
Sam Altman
You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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
You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
Sam Altman
The second part of how to hire: try not to.
Sam Altman
Employees will only add more value over time.
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
Obsess about the quality of the product.
Sam Altman
Most of the best hires that I've made in my entire life have never done that thing before.
Sam Altman
... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
Sam Altman
A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
Sam Altman