Quotes by: Sam Altman

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.'
Sam Altman
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.
Sam Altman
I wouldn't call Loopt a failure. It didn't turn out like I wanted, for sure, but it was fun, I learned a lot, and I made enough money to start investing, which led me to my current job. I don't regret it at all.
Sam Altman
What is OK is to spend money for productivity. What is not OK is just to light money on fire.
Sam Altman
The only way to generate sustained exponential growth is to make whatever you're making sufficiently good.
Sam Altman
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
All throughout my life I have been deeply immersed in startups, either because I was running one or investing in them or helping them.
Sam Altman
Seed investing is the status symbol of Silicon Valley. Most people don't want Ferraris, they want a winning seed investment.
Sam Altman
I believe whatever smart, ambitious people are working on will be the trend of the future. I do think that it's worth thinking critically about what the future will be.
Sam Altman
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
For most of the early hires you make in a startup, experience doesn't matter very much, and you should go for aptitude.
Sam Altman
Communication services need interoperability to succeed - and Loopt is the first such service since SMS that is available across all major U.S. wireless carriers.
Sam Altman
Loopt isn't a service that keeps you locked in, staring at your screen.
Sam Altman
The thing about Y Combinator that's cool is that most companies won't happen if we don't fund them.
Sam Altman
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.
Sam Altman
If you look at people who have an iPhone or Android and are under 40 and are dissatisfied with their bank, it's actually quite a large market.
Sam Altman
Maybe I am a bit unusual here, but I am less stressed if I have my phone with me. Because I can spend like an hour in the morning taking care of everything instead of I sit there and wonder what I missed or wonder what's happening. So it's way less stressful for me to just answer my phone.
Sam Altman

Quote of The Day
When you blame others you give up your power to change. Take responsibility for your future!

– Chris Voss

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