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You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Doe
Standards
Still
Move
Everything
Company
Need
Quality
Needs
High
People
Moving
Culture
Stills
Quickly
More quotes by Sam Altman
... for the top twenty most valuable YC companies, all of them have at least two founders.
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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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The company just needs to see you as like this maniacal execution machine.
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No matter what you choose, build stuff and be around smart people.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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Founders need to figure out what the message of the company is going to be.
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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... 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.
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You really want to know your cofounders for a while, ideally years.
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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.
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Unpopular but right is what you're going for.
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If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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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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The way to have a company that executes well is you have to execute well yourself.
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You have to be decisive. Indecisiveness is a startup killer.
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If you compromise in the first five, ten hires it might kill the company.
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One thing that often disrupts momentum and really shouldn't is competitors.
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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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