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... for the top twenty most valuable YC companies, all of them have at least two founders.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Team
Least
Company
Two
Founders
Twenty
Companies
Twenties
Valuable

More quotes by Sam Altman

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You need this sort of a tailwind to make a startup successful.
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The track record for founders that don't already know each other is really bad.
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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
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Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
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If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
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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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At the beginning, you should only hire when you have a desperate need to.
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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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Great execution towards a terrible idea will get you nowhere.
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... you want to be proud of how much you can get done with a small numbers of employees.
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The cost of getting an early hire wrong is really high.
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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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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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You need unstoppable people. You want people that are just going to get it done.
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Obsess about the quality of the product.
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One thing that often disrupts momentum and really shouldn't is competitors.
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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
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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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