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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
Else
Place
Find
Comp
Meltdown
Meltdowns
Disaster
Complete
Everyone
More quotes by Sam Altman
So always keep momentum, it's this prime directive for managing a startup.
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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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The biggest PR hack you can do, is not hire a PR firm.
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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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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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You really want to know your cofounders for a while, ideally years.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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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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... for the top twenty most valuable YC companies, all of them have at least two founders.
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The single word that matters most I think to keep the company productive as it grows is alignment.
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You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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The track record for founders that don't already know each other is really bad.
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Unpopular but right is what you're going for.
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Cofounder relationships are among the most important in the entire company.
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You don't need to make the structure complicated, in fact you shouldn't. All you need is for every employee to know who their manager is.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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The second part of how to hire: try not to.
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Ideas by themselves are not worth anything, only executing well is what creates value.
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In general though, if you look at the track record of pivots, they don't become big companies.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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