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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

More quotes by Sam Altman

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You need this sort of a tailwind to make a startup successful.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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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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Most of the best hires that I've made in my entire life have never done that thing before.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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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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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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At the beginning, you should only hire when you have a desperate need to.
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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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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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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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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Growth solves (nearly) all problems
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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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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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