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You want to sound crazy, but you want to actually be right.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Crazy
Actually
Sound
Right
More quotes by Sam Altman
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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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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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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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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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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Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
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Cofounder relationships are among the most important in the entire company.
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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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You should be able to describe any employee as an animal at what they do.
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So always keep momentum, it's this prime directive for managing a startup.
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One thing that founders forget is that after they hire employees, they have to retain them.
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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.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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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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The most important thing is that there is clear reporting structure and everyone knows what it is.
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1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
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If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
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The cost of getting an early hire wrong is really high.
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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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