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
people profile sell stuff
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.
ambitious time work
Very ambitious startups often take a long time to work - or sometimes they take a very long time to look ambitious.
business companies point technology
The point of an accelerator is to teach you about companies and business, not about technology.
buy freedom happiness lack money whether
Whether or not money can buy happiness, it can buy freedom, and that's a big deal. Also, lack of money is very stressful.
determination intelligence
Intelligence is usually easy to tell in a 10-minute conversation. Determination is harder.
buy manage unheard
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.
great
If you have a startup that's keeping it up at night because you think it's so great, then you should do that.
almost ask crushing founder great totally
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.
android iphone large people quite
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.
believe company early employee facebook join next opportunity
If you have the opportunity to go be an early employee at a company that's just going crazy, and you believe it's the next Facebook or Google, you should go join that company.
If you go to a paintball subreddit, paintball companies can advertise to you.
capital easy either figure good money needs offering raise
Generally, you want to raise capital either when you have to or when it's really easy. If the company desperately needs money, and they can't figure out any other way, then they need to raise money. Or if someone's offering you easy money on good terms, you should take it because you can use it for good things.
advertising local retailers spread
Traditional local advertising is not what retailers want. They want not just for you to see an ad - they want you to come into the store, to be a repeat customer and to spread the word.
caught complex email few head leave meetings office review roughly schedule top work
I get up late, have an espresso, and immediately start work. I try to get roughly caught up on email before I leave the house, then if I need to write anything or review a complex deal, I do that, and then I head to the office and work on my top few priorities for the day. I try to schedule my meetings in the afternoon.