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
team goal should
Later, you should learn to hire fast and scale up the company, but in the early days the goal should be not to hire. Not to hire.
team proud should
... but actually it sucks to have a lot of employees, and you should be proud of how few employees you have.
people schedules should
So you should always stay on top of people's vesting schedules.
giving should employee
You should be giving out a lot of equity to your employees.
ideas firsts should
The idea should come first, the startup should come second.
metrics week should
You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.
team answers should
... how much time you should be spending on hiring? The answer is 0 or 25 percent.
team people should
The best people know that they should join a rocketship.
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.'
best fund people
Sometimes people think Y Combinator has big ideas about themes. But really, we just fund the best startups.