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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
Market
Today
Going
Think
Thinking
Investors
Evolve
Obsessed
Size

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Remember that the idea will expand, and become more ambitious as you go.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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Founders need to figure out what the message of the company is going to be.
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No matter what you choose, build stuff and be around smart people.
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The track record for founders that don't already know each other is really bad.
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In the beginning of a company, there is no management and this actually works really well.
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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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The way to have a company that executes well is you have to execute well yourself.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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If you compromise in the first five, ten hires it might kill the company.
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Be suspicious of any work that is not building product or getting customers.
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