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Because so few people make an actual long term commitment to what they're building, the ones that do have a huge advantage.

Sam Altman

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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Huge
Term
Long
Make
Actual
People
Commitment
Advantage
Ones
Building

More quotes by Sam Altman

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One thing I tell startups all the time is that the best way to grow is to make their product better.
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You should be able to describe any employee as an animal at what they do.
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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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... fire fast when it's not working. It's better for the company, it's also better for the employee.
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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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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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... if you talk to say any of the first 40 or 50 employees, they all feel like they were a part of the founding of the company.
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No matter what you choose, build stuff and be around smart people.
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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 can basically change everything in a startup but the market.
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So you should always stay on top of people's vesting schedules.
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... for the top twenty most valuable YC companies, all of them have at least two founders.
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... how much time you should be spending on hiring? The answer is 0 or 25 percent.
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Most founders have not managed people before, and they certainly haven't managed managers.
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If you want something in a deal, just ask for it.
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You can have a startup and one other thing, you can have a family, but you probably can't have many other things.
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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
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I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
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The second part of how to hire: try not to.
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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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