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... 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

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Firsts
First
Thing
People
Apps
Frequently
Market
Wrong
Thought

More quotes by Sam Altman

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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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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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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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The most important thing is that there is clear reporting structure and everyone knows what it is.
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Most founders have not managed people before, and they certainly haven't managed managers.
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Obsess about the quality of the product.
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Most of the best hires that I've made in my entire life have never done that thing before.
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If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
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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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So always keep momentum, it's this prime directive for managing a startup.
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You cannot create a market that doesn't want to exist.
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If you want something in a deal, just ask for it.
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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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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
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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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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.
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