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You really want to know your cofounders for a while, ideally years.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Team
Years
Really
Ideally
More quotes by 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
A single mediocre hire in the first five will often in fact kill a startup.
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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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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
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
Unpopular but right is what you're going for.
Sam Altman
The thing that kills startups at some level, is the founders giving up.
Sam Altman
You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
Sam Altman
You want to sound crazy, but you want to actually be right.
Sam Altman
When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
Sam Altman
Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
Sam Altman
When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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
Press releases are easier to write than code, and that is still easier than making a great product.
Sam Altman
It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
Sam Altman
Founders need to figure out what the message of the company is going to be.
Sam Altman
In the beginning of a company, there is no management and this actually works really well.
Sam Altman
Startups are very hard no matter what you do you may as well go after a big opportunity.
Sam Altman
Move fast. Speed is one of your main advantages over large companies.
Sam Altman
... 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.
Sam Altman