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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
Make
Actual
People
Commitment
Advantage
Ones
Building
Huge
Term
Long

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Cofounder relationships are among the most important in the entire company.
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Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
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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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The way to have a company that executes well is you have to execute well yourself.
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In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
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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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... for the top twenty most valuable YC companies, all of them have at least two founders.
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It really is true that you become an average of the people you spend the most time with.
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You have to let your team get all the credit for all the good stuff that happens, and you take responsibility for the bad stuff.
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Losing focus is another way that founders get off track.
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The best people know that they should join a rocketship.
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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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If you want something in a deal, just ask for it.
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Why now, why is this the perfect time for this particular idea, and to start this particular company?
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Employees will only add more value over time.
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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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The track record for founders that don't already know each other is really bad.
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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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Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.
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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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