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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.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Thinking
Investors
Evolve
Obsessed
Size
Market
Today
Going
Think

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If it works out, you're going to be working on this for 10 years.
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Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
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If you compromise in the first five, ten hires it might kill the company.
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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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Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
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The startups that do well are the ones that are working all the time.
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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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Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
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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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So you should always stay on top of people's vesting schedules.
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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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You need conviction in your own beliefs, and the willingness to ignore others naysaying.
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Cofounder relationships are among the most important in the entire company.
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