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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

More quotes by Sam Altman

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In general, it's best if you're building something that you yourself need.
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The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.
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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 best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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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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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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You think you have this great idea that everyone's going to come join, but that's not how it works.
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For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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Be suspicious of any work that is not building product or getting customers.
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The cost of getting an early hire wrong is really high.
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Unpopular but right is what you're going for.
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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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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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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
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You have to be decisive. Indecisiveness is a startup killer.
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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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Or a way to stay on strangers couches, that just sounds terrible all around.
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The best people know that they should join a rocketship.
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