Sam Altman Quotes
Collection of top 100 famous quotes about Sam Altman
Sam Altman Quotes & Sayings
Happy to read and share the best inspirational Sam Altman quotes, sayings and quotations on Wise Famous Quotes.
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.
— Sam Altman
If a company is profitable, the founder is in control. If it's not, investors are in control.
— Sam Altman
There's no way I know, to get through the pain of a startup without belief that the mission really matters.
— Sam Altman
The best source by far for hiring is people that you already know and people that other employees in the company already know.
— Sam Altman
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
For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
— Sam Altman
If someone is difficult to talk to, if someone cannot communicate clearly, it's a real problem in terms of their likelihood to work out.
— Sam Altman
The most important thing is that there is clear reporting structure and everyone knows what it is.
— Sam Altman
You also want to fire people who a) create office politics, and b) who are persistently negative.
— Sam Altman
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.
— Sam Altman
The way you get deals done and the way you get good terms, is to have a competitive situation.
— Sam Altman
Most things are not as risky as they seem.
— Sam Altman
You need conviction in your own beliefs, and the willingness to ignore others naysaying.
— Sam Altman
If you ever take your foot off the gas pedal, things will spiral out of control, snowball downwards.
— Sam Altman
If you look at people who have an iPhone or Android and are under 40 and are dissatisfied with their bank, it's actually quite a large market.
— Sam Altman
Even though plans themselves are worthless, the exercise of planning is very valuable and totally missing in most startups today.
— Sam Altman
Firing people is one of the worst parts of running a company. Actually in my own experience, I think it is the worst.
— Sam Altman
I care much more about the growth rate of the market than it's current size and I also care if there's any reason it's going to top out.
— Sam Altman
Another way of looking at this, is that the best companies are almost always mission oriented.
— Sam Altman
To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.
— Sam Altman
Every first time founder waits too long, everyone hopes that an employee will turn around. But the right answer is to fire fast ...
— Sam Altman
If the Reddit community cannot learn to balance authenticity and compassion, it may be a great website, but it will never be a truly great community.
— Sam Altman
All throughout my life I have been deeply immersed in startups, either because I was running one or investing in them or helping them.
— Sam Altman
The nice thing about Reddit is, we don't have to sell your data or build a profile of you or do stuff that makes people feel uncomfortable.
— Sam Altman
Before 20 or 25 employees, most companies are structured with everyone reporting to the founder. It's totally flat.
— Sam Altman
Most of the best hires that I've made in my entire life have never done that thing before.
— Sam Altman
Intelligence is usually easy to tell in a 10-minute conversation. Determination is harder.
— Sam Altman
And you can only have 2 or 3 things everyday, because everything else will just come at you; you know fires in a day.
— Sam Altman
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.
— Sam Altman
The natural state of a start-up is to die; most start-ups require multiple miracles in their early days to escape this fate.
— Sam Altman
Sometimes people think Y Combinator has big ideas about themes. But really, we just fund the best startups.
— Sam Altman
As the company grows and about this 25 or so employee size, your main job shifts from building a great product to building a great company.
— Sam Altman
You think you have this great idea that everyone's going to come join, but that's not how it works.
— Sam Altman
The reduction in compassion that happens when we're all behind computer screens is not good for the world.
— Sam Altman
We pretty much won't fund a company now where the founders don't have vested equity because it's just that hard to do.
— Sam Altman
It's better to have a few users love your product than for a lot of users to sort of like it.
— Sam Altman
The market for local advertising is in the billions.
— Sam Altman
If you can just learn to think about the market first, you will have a big leg up on most people starting startups.
— Sam Altman
One of the biggest advantages that start ups have is execution speed, and you have to have this relentless operating rhythm.
— Sam Altman
A lot of people don't love their bank.
— Sam Altman
Background updating is absolutely the future.
— Sam Altman
Most startups are not nearly focussed enough. They work hard ... maybe, but they don't work hard on the right things.
— Sam Altman
It's really easy to get PR with no results & it actually feels like you're really actually cool, but in a year you'll still have nothing.
— Sam Altman
Why I said cofounders that aren't friends really struggle, is that you can't be focused without good communication.
— Sam Altman
Developing a personal connection with anyone you're trying to do a big deal with is really important.
— Sam Altman
A third advantage of mission oriented companies, is that people outside the company are more willing to help you.
— Sam Altman
In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
— Sam Altman
There's at least a hundred times more people with great ideas than people that are willing to put in the effort to execute them well.
— Sam Altman
The thing about Y Combinator that's cool is that most companies won't happen if we don't fund them.
— Sam Altman
M&A negotiations feel really fun. This is one of the biggest killers of companies, is they entertain acquisition conversations.
— Sam Altman
The biggest part of Loopt is about discovering the world around you, never replacing a social experience - only adding to it.
— Sam Altman
Don't hire for the sake of hiring. Hire because there is no other way to do what you want to do.
— Sam Altman
Because it's one of these sort of connections between nodes- every pair of people adds communication overhead.
— Sam Altman
If you ask a founder how their company is doing, they always say, 'Oh it's great. We're totally crushing it,' and that's almost never true.
— Sam Altman
If you wanted to build an Internet startup in 2005, you had to buy your own servers and hire someone to manage it. Now, that's unheard of.
— Sam Altman
All companies that grow really big do so in only one way: people recommend the product or service to other people.
— Sam Altman
Obsess about the quality of the product.
— Sam Altman
You can have a startup and one other thing, you can have a family, but you probably can't have many other hobbies.
— Sam Altman
Really dig into projects people have worked on and call references; that is another thing that first time founders like to skip.
— Sam Altman
As you grow, it feels hopelessly corporate but it really is worth putting in place these compensation bands.
— Sam Altman
That culture of frugality and discipline is really important for the Y Combinator mindset.
— Sam Altman
Just put a little pin in your mind: when you cross 50 employees, there are a new set of HR rules that you have to comply with.
— Sam Altman
The tenth social network, and limited only to college students with no money, also terrible. Myspace had won.
— Sam Altman
Why couldn't it have been done 2 years ago, and why will 2 years in the future be too late?
— Sam Altman
If you don't love and believe in what you're building, you're likely to give up at some point along the way.
— Sam Altman
The hard part is that this is a very fine line. There's right on one side of it, and crazy on the other.
— Sam Altman
Very ambitious startups often take a long time to work - or sometimes they take a very long time to look ambitious.
— Sam Altman
Facebook and Instagram are spiritual brothers.
— Sam Altman
You shouldn't try to manufacture progress.
— Sam Altman
The best founders work on things that seem small but they move really quickly. They get things done really quickly.
— Sam Altman
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.
— Sam Altman
We hear again and again from founders, that they wish they had waited to start a startup until they came up with an idea they really loved.
— Sam Altman
AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies.
— Sam Altman
Execution gets divided into two key questions: 1) can you figure out what to do and 2) can you get it done.
— Sam Altman