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
bad compete diagram famous good great ideas lie people secretly thus totally until
There's this famous observation that I totally believe: Great startup ideas are the ones that lie in the intersection of the Venn diagram of 'is a good idea' and 'looks like a bad idea.' So you want most people to think it's a bad idea and thus not compete with you until you get giant. But for it to secretly be good.
great likely
AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies.
balance cannot community great learn truly
If the Reddit community cannot learn to balance authenticity and compassion, it may be a great website, but it will never be a truly great community.
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.
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.
ideas company great-idea
There are exceptions of course, but most companies start with a great idea - not a pivot.
communication really-great great-communication
You can't be focussed without really great communication
mission
It's so important for startups to get their culture right at the start. They need to feel unique and that they are on their own important mission in the world.
biggest experience
The biggest part of Loopt is about discovering the world around you, never replacing a social experience - only adding to it.
cost life
The correlation of quality of life and cost of energy is huge.
lose model money plenty
I have plenty of investments that I wish I'd never made. But the model is to lose money on a lot of investments and then make 1,000X or 10,000X on an investment.
early love maybe outcome runway stage
I love working with really early stage startups where the outcome is still in doubt. Maybe they'll go on to greatness, or maybe they'll never get off the runway at all.
family handful hundred low prefer priority
Never put your family, friends, or significant other low on your priority list. Prefer a handful of truly close friends to a hundred acquaintances.