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In the beginning of a company, there is no management and this actually works really well.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Company
Actually
Wells
Well
Really
Management
Beginning
Works

More quotes by Sam Altman

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When lack of structure fails, it fails all at once. What works totally fine from 0-20 employees, is disastrous at 30.
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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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Growth solves (nearly) all problems
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Unpopular but right is what you're going for.
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You have to be decisive. Indecisiveness is a startup killer.
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We talk to a team they've gotten new things done, that's the best predictor we have that a company will be successful.
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If you compromise in the first five, ten hires it might kill the company.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
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Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
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Most things are not as risky as they seem.
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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.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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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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The thing that kills startups at some level, is the founders giving up.
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... and you can only have 2 or 3 things everyday, because everything else will just come at you you know fires in a day.
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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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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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You want to sound crazy, but you want to actually be right.
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The startups that do well are the ones that are working all the time.
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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.
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