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.
ideas looks stealing
The best ideas often look terrible at the beginning the truly good ideas, don't seem like they're worth stealing.
ideas important execution
Great execution is at least 10 times more important and a 100 times harder than a good idea…
ideas people want
You want an idea that not many other people are working on, and it's okay if it doesn't sound big at first.
ideas competition want
You want an idea that turns into a monopoly. But you can't get a monopoly, in a big market right away; too much competition for that.
successful ideas looks
If you look at successful pivots, they almost always are a pivot into something that the founder wanted. Not a random made up idea.
believe ideas matter
I myself used to believe ideas didn't matter that much, but I'm very sure that's wrong now.
ideas people effort
There's at least a hundred times more people with great ideas than people that are willing to put in the effort to execute them well.
ideas wells executing
Ideas by themselves are not worth anything, only executing well is what creates value.
ideas company great-idea
There are exceptions of course, but most companies start with a great idea - not a pivot.
ideas execution terrible
Great execution towards a terrible idea will get you nowhere.
ideas world today
... but the pendulum has swung way out of whack here. A bad idea is still bad, and the pivot happy world we're in today feels suboptimal.
years ideas matter
It's become popular in recent years to say that the idea doesn't matter.
ideas missions advantage
A related advantage of mission oriented ideas, is that you yourself will be dedicated to them.