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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
Valuable
Team
Least
Company
Two
Founders
Twenty
Companies
Twenties
More quotes by Sam Altman
You certainly don't need to have everything figured out in the path from here to world domination.
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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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Most of the best hires that I've made in my entire life have never done that thing before.
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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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You need this sort of a tailwind to make a startup successful.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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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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You want to sound crazy, but you want to actually be right.
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Great execution towards a terrible idea will get you nowhere.
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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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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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... you want to be proud of how much you can get done with a small numbers of employees.
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The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
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The company just needs to see you as like this maniacal execution machine.
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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
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No matter what you choose, build stuff and be around smart people.
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