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If you compromise in the first five, ten hires it might kill the company.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Might
Firsts
Hires
First
Compromise
Ten
Kill
Team
Company
Five
More quotes by Sam Altman
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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The most important thing is that there is clear reporting structure and everyone knows what it is.
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The startups that do well are the ones that are working all the time.
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You should be able to describe any employee as an animal at what they do.
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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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The second part of how to hire: try not to.
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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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Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
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Every company has a rocky beginning.
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Employees will only add more value over time.
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You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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In general though, if you look at the track record of pivots, they don't become big companies.
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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You don't get to make their decisions but you do get to choose the decision makers.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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The company just needs to see you as like this maniacal execution machine.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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In general, it's best if you're building something that you yourself need.
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One thing I tell startups all the time is that the best way to grow is to make their product better.
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