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
rewarding
The whole concept of rewarding customers is a big trend.
scale
The way to really scale a venture firm is with software.
billion build companies dollar love people shortcut
The way to build billion dollar companies is to first build something people love. There isn't really a shortcut there.
amount companies generally possible small spending time work worth
Companies generally work better when they are smaller. It's always worth spending time to think about the least amount of projects/work you can feasibly do, and then having as small a team as possible to do it.
cool fund
The thing about Y Combinator that's cool is that most companies won't happen if we don't fund them.
case jobs technology time
Technology magnifies differences, and it's been replacing or obviating jobs for a long time. But what happens as that case accelerates? I'm not one of these doomsayers who says, 'There will be no jobs.'
best fund people
Sometimes people think Y Combinator has big ideas about themes. But really, we just fund the best startups.
investing people silicon status symbol
Seed investing is the status symbol of Silicon Valley. Most people don't want Ferraris, they want a winning seed investment.
You really want a company full of missionaries, not mercenaries.
time
The start-ups that do well are the ones that are working all the time.
people
I grew up with a computer, and many of my friends were people I met online.
Ideas are cheap and easy, and there are a lot of them.
ambitious believe critically future people trend whatever worth
I believe whatever smart, ambitious people are working on will be the trend of the future. I do think that it's worth thinking critically about what the future will be.
call current failure learned led money regret start turn
I wouldn't call Loopt a failure. It didn't turn out like I wanted, for sure, but it was fun, I learned a lot, and I made enough money to start investing, which led me to my current job. I don't regret it at all.