Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
... for the top twenty most valuable YC companies, all of them have at least two founders.
Sam Altman
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Twenties
Valuable
Team
Least
Company
Two
Founders
Twenty
Companies
More quotes by Sam Altman
One thing that founders forget is that after they hire employees, they have to retain them.
Sam Altman
... fire fast when it's not working. It's better for the company, it's also better for the employee.
Sam Altman
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.
Sam Altman
... how much time you should be spending on hiring? The answer is 0 or 25 percent.
Sam Altman
1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
Sam Altman
So it's worth some real up front time to think through the long term value and the defensibility of the business.
Sam Altman
Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
Sam Altman
So always keep momentum, it's this prime directive for managing a startup.
Sam Altman
Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
Sam Altman
You need unstoppable people. You want people that are just going to get it done.
Sam Altman
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.
Sam Altman
A board member of mine used to say sales fix everything in a startup, and that is really true.
Sam Altman
You have to be decisive. Indecisiveness is a startup killer.
Sam Altman
Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
Sam Altman
Most things are not as risky as they seem.
Sam Altman
Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
Sam Altman
As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
Sam Altman
Employees will only add more value over time.
Sam Altman
The way to have a company that executes well is you have to execute well yourself.
Sam Altman
In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
Sam Altman
