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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.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Idea
Stills
Still
Pivot
Today
Whack
Ideas
Pendulums
Feels
Pendulum
Way
Swung
World
Happy

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Obsess about the quality of the product.
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You certainly don't need to have everything figured out in the path from here to world domination.
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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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If you compromise and hire someone mediocre you will always regret it.
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The thing that kills startups at some level, is the founders giving up.
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As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
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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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If it works out, you're going to be working on this for 10 years.
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Most things are not as risky as they seem.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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No matter what you choose, build stuff and be around smart people.
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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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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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Most of the best hires that I've made in my entire life have never done that thing before.
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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.
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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 want to be proud of how much you can get done with a small numbers of employees.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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You can basically change everything in a startup but the market.
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