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You need this sort of a tailwind to make a startup successful.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
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More quotes by Sam Altman
Companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it.
Sam Altman
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.
Sam Altman
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.
Sam Altman
You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
Sam Altman
Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
Sam Altman
Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
Sam Altman
Unpopular but right is what you're going for.
Sam Altman
A board member of mine used to say sales fix everything in a startup, and that is really true.
Sam Altman
For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
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.
Sam Altman
Move fast. Speed is one of your main advantages over large companies.
Sam Altman
Another way of looking at this, is that the best companies are almost always mission oriented.
Sam Altman
You can basically change everything in a startup but the market.
Sam Altman
Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.
Sam Altman
... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
Sam Altman
One thing I tell startups all the time is that the best way to grow is to make their product better.
Sam Altman
... you can think about that for everyone you hire: will I bet the future of this company on this single hire? And that's a tough bar.
Sam Altman
Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
Sam Altman
As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
Sam Altman
The single word that matters most I think to keep the company productive as it grows is alignment.
Sam Altman