One of the things we urge Y-Combinator companies to do is to have profitability in grasp. If you need to get profitable before your A round of money, you ought to be able to do that. Sam Altman combinatorcompanygrasp Change image and share on social
Everyone is looking for the hack, the secret to success without hard work. Sam Altman hackhardsecret Change image and share on social
The nice thing about Reddit is, we don't have to sell your data or build a profile of you or do stuff that makes people feel uncomfortable. Sam Altman builddatumfeel Change image and share on social
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. Sam Altman amountcompanyfeasibly share on social
People appreciate when you make an effort to speak their language. Sam Altman effortlanguagemake Change image and share on social
I get up late, have an espresso, and immediately start work. I try to get roughly caught up on email before I leave the house, then if I need to write anything or review a complex deal, I do that, and then I head to the office and work on my top few priorities for the day. I try to schedule my meetings in the afternoon. Sam Altman afternooncatchcomplex share on social
Generally, you want to raise capital either when you have to or when it's really easy. If the company desperately needs money, and they can't figure out any other way, then they need to raise money. Or if someone's offering you easy money on good terms, you should take it because you can use it for good things. Sam Altman capitalcompanydesperately share on social
I think the mistake people make most often when they invest in other kinds of startups is they say, 'This is totally different.' And so the things that matter, like making a product that people desperately want, like talking to customers, they throw this out the window. That is a recipe for heartache and tears. Sam Altman customerdesperatelyheartache share on social