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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Enough
Breakdown
Different
Loose
Things
Slightly
Communication
Focus
Small
Working
Everyone

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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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The way to have a company that executes well is you have to execute well yourself.
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Press releases are easier to write than code, and that is still easier than making a great product.
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One thing I tell startups all the time is that the best way to grow is to make their product better.
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AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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You really want to know your cofounders for a while, ideally years.
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Move fast. Speed is one of your main advantages over large companies.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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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.
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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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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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Obsess about the quality of the product.
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In general, it's best if you're building something that you yourself need.
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One thing that founders forget is that after they hire employees, they have to retain them.
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One thing that founders always underestimate is how hard it is to recruit.
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Unpopular but right is what you're going for.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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