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
company founder investors
If a company is profitable, the founder is in control. If it's not, investors are in control.
authority companies founders great history returning
There is a long history of founders returning to companies and doing great things. Founders are able to set the vision for their companies with an authority no one else can.
cool founders hire people seems
Many founders hire just because it seems like a cool thing to do, and people always ask how many employees you have.
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.
culture founders
Every thing at a startup gets modeled after the founders. Whatever the founders do becomes the culture.
team founders equity
We pretty much won't fund a company now where the founders don't have vested equity because it's just that hard to do.
team perfect founders
In YC experience, 2 or 3 co-founders seems to be about perfect.
employee founders company
Before 20 or 25 employees, most companies are structured with everyone reporting to the founder. It's totally flat.
people founders compensation
In the early days of a startup, people's compensation is whatever you negotiate with a founder and it's all over the place.
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.
moving done founders
The best founders work on things that seem small but they move really quickly. They get things done really quickly.
intense ceo founders
You have to be intense. This only comes from the CEO, this only comes from the founders.
people founders managers
Most founders have not managed people before, and they certainly haven't managed managers.
goal given founders
Most good founders that I know at any given time have a set of small overarching goals for the company that everybody in the company knows.