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
advertising
The market for local advertising is in the billions.
business critical figuring five hard hundred ignoring matters rest running
The hard part of running a business is that there are a hundred things that you could be doing, and only five of those actually matter, and only one of them matters more than all of the rest of them combined. So figuring out there is a critical path thing to focus on and ignoring everything else is really important.
costs happen reasons software
All the reasons that have made software so successful are beginning to happen with hardware. So much can be done so quickly, prototyped so rapidly, and the costs are so low.
deals insider latest
The Loopt mobile app is all about giving you the latest local deals and insider tips.
finally force harness people understand
The crowd's a really powerful force on the Internet, and people finally understand how to harness that.
keys metrics months
Share results (financial and key metrics) with the company every month.
life-and-death long succeed
Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
organization salary lows
Keep salaries low and equity high. Keep the organization as flat as you can.
firsts scared starting
Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
moving speed advantage
Move fast. Speed is one of your main advantages over large companies.
remember crushed competitors
Remember that you are more likely to die because you execute badly than get crushed by a competitor.
experts needs domain
You need someone that behaves like James Bond more than you need someone that is an expert in some particular domain.
ideas looks stealing
The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
successful people enthusiasm
Study the unusually successful people you know, and you will find them imbued with enthusiasm for their work which is contagious. Not only are they themselves excited about what they are doing, but they also get you excited