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You only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Hard
Work
Something
Really
Points
Make
Market
Things
Wants
Wrong
Care

More quotes by Sam Altman

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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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Losing focus is another way that founders get off track.
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No matter what you choose, build stuff and be around smart people.
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Unpopular but right is what you're going for.
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Growth solves (nearly) all problems
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You certainly don't need to have everything figured out in the path from here to world domination.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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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.
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Every company has a rocky beginning.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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Most founders have not managed people before, and they certainly haven't managed managers.
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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Employees will only add more value over time.
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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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Obsess about the quality of the product.
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So you should always stay on top of people's vesting schedules.
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