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Or a way to stay on strangers couches, that just sounds terrible all around.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Stay
Terrible
Sound
Around
Couches
Way
Strangers
Stranger
Sounds
More quotes by Sam Altman
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
... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
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To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
Sam Altman
Startups are very hard no matter what you do you may as well go after a big opportunity.
Sam Altman
As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
Sam Altman
If it works out, you're going to be working on this for 10 years.
Sam Altman
The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
Sam Altman
AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
Sam Altman
In general though, if you look at the track record of pivots, they don't become big companies.
Sam Altman
If you compromise and hire someone mediocre you will always regret it.
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... 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.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
Sam Altman
Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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It's easy to move fast or be obsessed with quality, but the trick is you have to do both at a startup.
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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
Sam Altman
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 biggest PR hack you can do, is not hire a PR firm.
Sam Altman