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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
Frequently
Market
Wrong
Thought
Firsts
First
Thing
People
Apps

More quotes by Sam Altman

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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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Most founders have not managed people before, and they certainly haven't managed managers.
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Great execution towards a terrible idea will get you nowhere.
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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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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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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.
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... 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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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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Obsess about the quality of the product.
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One thing that often disrupts momentum and really shouldn't is competitors.
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Every company has a rocky beginning.
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The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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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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... you want to be proud of how much you can get done with a small numbers of employees.
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The track record for founders that don't already know each other is really bad.
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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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Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
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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 cannot create a market that doesn't want to exist.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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