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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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In YC's case, the number one cause of early death for startups is cofounder blowups.
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Losing focus is another way that founders get off track.
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A board member of mine used to say sales fix everything in a startup, and that is really true.
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In general, it's best if you're building something that you yourself need.
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The track record for founders that don't already know each other is really bad.
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You need unstoppable people. You want people that are just going to get it done.
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Most things are not as risky as they seem.
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... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
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Another way of looking at this, is that the best companies are almost always mission oriented.
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Don't let the company get distracted or excited about other things. A common mistake is that companies get excited by their own PR.
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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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Unfortunately the trick to great execution is to say no a lot.
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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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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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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 only get points when you make something the market wants. So if you work really hard on the wrong things, no one will care.
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If you want something in a deal, just ask for it.
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Every company has a rocky beginning.
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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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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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