Quote

We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.

Sam Altman

Change background

T
T
T

Change font

TAGS & TOPICS

Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Company
Talk
Best
Done
Things
Predictor
Gotten
Team
Successful

More quotes by Sam Altman

Image
In general though, if you look at the track record of pivots, they don't become big companies.
Sam Altman
Image
A board member of mine used to say sales fix everything in a startup, and that is really true.
Sam Altman
Image
Before product/market fit, your only job that matters is to build a great product.
Sam Altman
Image
... fire fast when it's not working. It's better for the company, it's also better for the employee.
Sam Altman
Image
Ideas by themselves are not worth anything, only executing well is what creates value.
Sam Altman
Image
The second part of how to hire: try not to.
Sam Altman
Image
... how much time you should be spending on hiring? The answer is 0 or 25 percent.
Sam Altman
Image
... 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
Image
You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
Sam Altman
Image
You can basically change everything in a startup but the market.
Sam Altman
Image
The most important thing is that there is clear reporting structure and everyone knows what it is.
Sam Altman
Image
The track record for founders that don't already know each other is really bad.
Sam Altman
Image
Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
Sam Altman
Image
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.
Sam Altman
Image
The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
Sam Altman
Image
Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
Sam Altman
Image
You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
Sam Altman
Image
To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
Sam Altman
Image
These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
Sam Altman
Image
Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
Sam Altman