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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
Connections
Communication
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Overhead
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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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You think you have this great idea that everyone's going to come join, but that's not how it works.
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You have to be decisive. Indecisiveness is a startup killer.
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Long term thinking is so rare anywhere, but especially in startups. This is a huge advantage if you do it.
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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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Founders need to figure out what the message of the company is going to be.
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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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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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In general though, if you look at the track record of pivots, they don't become big companies.
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... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
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Before product/market fit, your only job that matters is to build a great product.
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The cost of getting an early hire wrong is really high.
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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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One of the great and terrible things about starting a start up is that you get no credit for trying.
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Cofounder relationships are among the most important in the entire company.
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So you should always stay on top of people's vesting schedules.
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At the beginning, you should only hire when you have a desperate need to.
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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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Unfortunately the trick to great execution is to say no a lot.
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In addition to relentlessly resourceful, you want a tough and a calm cofounder.
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