Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
... 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
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Market
Wrong
Thought
Firsts
First
Thing
People
Apps
Frequently
More quotes by Sam Altman
Developing a personal connection with anyone you're trying to do a big deal with is really important.
Sam Altman
You're saying no ninety-seven times out of a hundred, and most founders find they have to make a very conscious effort to do this.
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
Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
Sam Altman
Startups are very hard no matter what you do you may as well go after a big opportunity.
Sam Altman
Great execution towards a terrible idea will get you nowhere.
Sam Altman
So it's worth some real up front time to think through the long term value and the defensibility of the business.
Sam Altman
The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
Sam Altman
You need unstoppable people. You want people that are just going to get it done.
Sam Altman
Every company has a rocky beginning.
Sam Altman
If you want something in a deal, just ask for it.
Sam Altman
If it takes more than a sentence to explain what you are doing, it's almost always a sign that what you are doing is too complicated.
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
The company just needs to see you as like this maniacal execution machine.
Sam Altman
Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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
Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
Sam Altman
Momentum and growth are the lifeblood of startups. This is probably in the top three secrets of executing well.
Sam Altman
Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
Sam Altman
Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
Sam Altman