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You cannot create a market that doesn't want to exist.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Market
Exist
Create
Doesn
Cannot
More quotes by 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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Most things are not as risky as they seem.
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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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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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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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At the beginning, you should only hire when you have a desperate need to.
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Most founders have not managed people before, and they certainly haven't managed managers.
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You should be able to describe any employee as an animal at what they do.
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It really is true that you become an average of the people you spend the most time with.
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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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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.
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The biggest PR hack you can do, is not hire a PR firm.
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In the beginning of a company, there is no management and this actually works really well.
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You don't get to make their decisions but you do get to choose the decision makers.
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You need to figure out what the 2 or 3 most important things are, and then just do those.
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The thing that kills startups at some level, is the founders giving up.
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You need this sort of a tailwind to make a startup successful.
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Be suspicious of any work that is not building product or getting customers.
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In YC's case, the number one cause of early death for startups is cofounder blowups.
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