Quote

In general though, if you look at the track record of pivots, they don't become big companies.

Sam Altman

Change background

T
T
T

Change font

TAGS & TOPICS

Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Bigs
Pivots
Become
Companies
Look
Track
Looks
Record
General
Records
Company
Though

More quotes by Sam Altman

Image
Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
Sam Altman
Image
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.
Sam Altman
Image
Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
Sam Altman
Image
If you pivot, do it fully and with conviction. The worst thing is to try to do a bit of the old and the new-it's hard to kill your babies.
Sam Altman
Image
... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
Sam Altman
Image
The track record for founders that don't already know each other is really bad.
Sam Altman
Image
Cofounder relationships are among the most important in the entire company.
Sam Altman
Image
These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
Sam Altman
Image
If you want something in a deal, just ask for it.
Sam Altman
Image
The second part of how to hire: try not to.
Sam Altman
Image
Why now, why is this the perfect time for this particular idea, and to start this particular company?
Sam Altman
Image
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.
Sam Altman
Image
Most founders have not managed people before, and they certainly haven't managed managers.
Sam Altman
Image
You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.
Sam Altman
Image
If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
Sam Altman
Image
... you want to be proud of how much you can get done with a small numbers of employees.
Sam Altman
Image
Founders need to figure out what the message of the company is going to be.
Sam Altman
Image
You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
Sam Altman
Image
You need to figure out what the 2 or 3 most important things are, and then just do those.
Sam Altman
Image
A single mediocre hire in the first five will often in fact kill a startup.
Sam Altman