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Before product/market fit, your only job that matters is to build a great product.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Build
Products
Jobs
Matter
Great
Product
Fit
Matters
Market

More quotes by Sam Altman

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... for the top twenty most valuable YC companies, all of them have at least two founders.
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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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The way to have a company that executes well is you have to execute well yourself.
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A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus.
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Growth solves (nearly) all problems
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... 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.
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What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
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One thing I tell startups all the time is that the best way to grow is to make their product better.
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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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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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Be suspicious of any work that is not building product or getting customers.
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Unfortunately the trick to great execution is to say no a lot.
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Cofounder relationships are among the most important in the entire company.
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You need this sort of a tailwind to make a startup successful.
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Most investors are obsessed with the market size today and they don't think about how the market is going to evolve.
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Most things are not as risky as they seem.
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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.
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One thing that founders always underestimate is how hard it is to recruit.
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The natural state of a start-up is to die most start-ups require multiple miracles in their early days to escape this fate.
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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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