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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.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Thinking
Backwards
Investors
Employee
Generous
Totally
Stingy
Usually
Equity
Team
Employees
Think
Founders
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The best people know that they should join a rocketship.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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One thing that founders forget is that after they hire employees, they have to retain them.
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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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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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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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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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