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The biggest PR hack you can do, is not hire a PR firm.
Sam Altman
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Sam Altman
Age: 39
Born: 1985
Born: April 22
Entrepreneur
Chicago
Illinois
Samuel H. Altman
Samuel Altman
Hack
Hacks
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More quotes by Sam Altman
In the beginning of a company, there is no management and this actually works really well.
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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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So you should always stay on top of people's vesting schedules.
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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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Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
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If someone is getting every decision wrong, that's when you need to act, and at that point it'll be painfully aware to everyone.
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Be suspicious of any work that is not building product or getting customers. It's easy to get sucked into an infrastructure rewrite death spiral.
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If you compromise and hire someone mediocre you will always regret it.
Sam Altman
The single word that matters most I think to keep the company productive as it grows is alignment.
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Every company has a rocky beginning.
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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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If you want something in a deal, just ask for it.
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You also want to fire people who a) create office politics, and b) who are persistently negative.
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So it's worth some real up front time to think through the long term value and the defensibility of the business.
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Most startups are not nearly focussed enough. They work hard...maybe, but they don't work hard on the right things.
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Great execution towards a terrible idea will get you nowhere.
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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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No matter what you choose, build stuff and be around smart people.
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You have to save the vision speeches for when the company is winning. When you're not winning, you just have to get momentum back.
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As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
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