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
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.
team fire employee
... fire fast when it's not working. It's better for the company, it's also better for the employee.
team forget employee
One thing that founders forget is that after they hire employees, they have to retain them.
team add employee
Employees will only add more value over time.
team thinking employee
Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.
team firsts employee
... companies that I've been very involved with, that have had a very bad first hire in the first 3 or so employees never recover from it...
employee founders company
Before 20 or 25 employees, most companies are structured with everyone reporting to the founder. It's totally flat.
giving should employee
You should be giving out a lot of equity to your employees.
team firsts employee
... 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.
consumers tap
With Loopt Star, consumers get to tap interactive rewards wherever they may be.
time
The start-ups that do well are the ones that are working all the time.
companies facebook good google hit incredible job observed public standing terrible
Being a public company is really terrible for most companies. I'd say Facebook and Google have done a pretty good job of standing up to the incredible quarterly pressure to hit numbers, but most companies - and I've observed a lot now - don't do a very good job of that.
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.'