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So it's worth some real up front time to think through the long term value and the defensibility of the business.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Term
Values
Business
Real
Fronts
Long
Front
Time
Value
Think
Thinking
Worth

More quotes by Sam Altman

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You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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Press releases are easier to write than code, and that is still easier than making a great product.
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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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So always keep momentum, it's this prime directive for managing a startup.
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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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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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Cofounder relationships are among the most important in the entire company.
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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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The single word that matters most I think to keep the company productive as it grows is alignment.
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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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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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One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.
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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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If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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Growth solves (nearly) all problems
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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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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.
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