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 causes fun money personally regretted saving spending spent though time travel
Making money is often more fun than spending it, though I personally have never regretted money I've spent on friends, new experiences, saving time, travel, and causes I believe in.
good nearly people spend time
I don't think people spend nearly enough time thinking about what they like and what they're good at.
ambitious time work
Very ambitious startups often take a long time to work - or sometimes they take a very long time to look ambitious.
time
The start-ups that do well are the ones that are working all the time.
amount companies generally possible small spending time work worth
Companies generally work better when they are smaller. It's always worth spending time to think about the least amount of projects/work you can feasibly do, and then having as small a team as possible to do it.
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.'
working-all-the-time wells
The startups that do well are the ones that are working all the time.
light money ok spend
What is OK is to spend money for productivity. What is not OK is just to light money on fire.
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 cost
The cost of getting an early hire wrong is really high.
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.
consumers tap
With Loopt Star, consumers get to tap interactive rewards wherever they may be.
america device likely networks tapping tend using
Virgin America flyers tend to be more likely to be using a mobile device and tapping social networks - even at 35,000 feet.
Ideas are cheap and easy, and there are a lot of them.