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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.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Moving
Easy
Trick
Tricks
Obsessed
Fast
Move
Quality

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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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The best people know that they should join a rocketship.
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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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No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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If you want something in a deal, just ask for it.
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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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If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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At the beginning, you should only hire when you have a desperate need to.
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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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Every company has a rocky beginning.
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Losing focus is another way that founders get off track.
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The track record for founders that don't already know each other is really bad.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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The company just needs to see you as like this maniacal execution machine.
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Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
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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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You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.
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Great execution towards a terrible idea will get you nowhere.
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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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