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Cofounder relationships are among the most important in the entire company.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Relationships
Entire
Among
Team
Company
Important

More quotes by Sam Altman

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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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The thing that kills startups at some level, is the founders giving up.
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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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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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You really want to know your cofounders for a while, ideally years.
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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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You need this sort of a tailwind to make a startup successful.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
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... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
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Before product/market fit, your only job that matters is to build a great product.
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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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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The biggest PR hack you can do, is not hire a PR firm.
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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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So it's worth some real up front time to think through the long term value and the defensibility of the business.
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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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If you want something in a deal, just ask for it.
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Most founders have not managed people before, and they certainly haven't managed managers.
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