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Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Find
Comp
Meltdown
Meltdowns
Disaster
Complete
Everyone
Else
Place

More quotes by Sam Altman

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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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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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One thing that founders forget is that after they hire employees, they have to retain them.
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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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If you have several ideas that all seem pretty good, work on the one that you think about, when you're not trying to think about work.
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If you compromise and hire someone mediocre you will always regret it.
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Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
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The best people know that they should join a rocketship.
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You should be able to describe any employee as an animal at what they do.
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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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It really is true that you become an average of the people you spend the most time with.
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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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You cannot create a market that doesn't want to exist.
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Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.
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You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.
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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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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.
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Be suspicious of any work that is not building product or getting customers.
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You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
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If you compromise in the first five, ten hires it might kill the company.
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