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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.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Team
Company
Give
Firsts
Estimate
First
Employees
Giving
Employee
Think
Rough
Thinking
Aim

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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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In general, it's best if you're building something that you yourself need.
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Startups are very hard no matter what you do you may as well go after a big opportunity.
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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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You need to figure out what the 2 or 3 most important things are, and then just do those.
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The best people know that they should join a rocketship.
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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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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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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
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If it works out, you're going to be working on this for 10 years.
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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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The cost of getting an early hire wrong is really high.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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The startups that do well are the ones that are working all the time.
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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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One thing that founders always underestimate is how hard it is to recruit.
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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
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... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
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