Sam Altman
Sam Altman
Samuel H. "Sam" Altmanis an American entrepreneur, programmer, venture capitalist and blogger. He is the president of Y Combinator and co-chairman of OpenAI...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
giving should employee
You should be giving out a lot of equity to your employees.
successful years data
We've seen a lot of data at YC now, and the most successful companies and the ones where the investors do the best... end up giving a lot of stock out to employees- year after year after year.
thinking years giving
You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
messages needs figures
Founders need to figure out what the message of the company is going to be.
firm hacks can-do
The biggest PR hack you can do, is not hire a PR firm.
trying important connections
Developing a personal connection with anyone you're trying to do a big deal with is really important.
years decades
It takes years and years, usually a decade, to create a great startup.
ideas missions advantage
A related advantage of mission oriented ideas, is that you yourself will be dedicated to them.
successful people focus
It's difficult to get large groups of people, to the extreme levels of focus and productivity that you need, for a startup to be successful.
ideas wish founders
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.
thinking ideas trying
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.
ideas waiting come-up
Wait to start a startup until you come up with an idea that you feel compelled to explore.
ideas firsts should
The idea should come first, the startup should come second.
advice trying boards
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.