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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
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Every
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People
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Communication
More quotes by Sam Altman
The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
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Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.
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Startups are very hard no matter what you do you may as well go after a big opportunity.
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... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
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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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When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
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Most things are not as risky as they seem.
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AirBnB spent 5 months interviewing their first employee, before they hired someone and in their first year, they only hired 2 people.
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You can basically change everything in a startup but the market.
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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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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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Growth solves (nearly) all problems
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The best people know that they should join a rocketship.
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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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... 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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Developing a personal connection with anyone you're trying to do a big deal with is really important.
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One thing that often disrupts momentum and really shouldn't is competitors.
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You certainly don't need to have everything figured out in the path from here to world domination.
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If you compromise and hire someone mediocre you will always regret it.
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Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
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