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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
Every
Overhead
People
Adds
Pair
Pairs
Add
Connections
Communication
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Nodes
More quotes by Sam Altman
If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
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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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The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
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One of the great and terrible things about starting a start up is that you get no credit for trying.
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Most founders have not managed people before, and they certainly haven't managed managers.
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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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These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them.
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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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Unpopular but right is what you're going for.
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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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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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You need unstoppable people. You want people that are just going to get it done.
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Cofounder relationships are among the most important in the entire company.
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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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1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
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No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
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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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If it works out, you're going to be working on this for 10 years.
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Employees will only add more value over time.
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I really believe that the single hardest thing in business is building a company that does repeatable innovation... and just has this ongoing culture of excellence as it grows.
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