Loopt wouldn't have happened without Y Combinator. Sam Altman More Quotes by Sam Altman More Quotes From Sam Altman You have to find a small market in which you can get a monopoly and then quickly expand. Sam Altman monopoly 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. Sam Altman competitionwantideas These all sounded really bad, but they turned out to be good. If they had sounded really good, there would have been too many people working on them. Sam Altman has-beensbe-goodpeople It takes years and years, usually a decade, to create a great startup. Sam Altman decadesyears If you don't love and believe in what you're building, you're likely to give up at some point along the way. Sam Altman giving-upbelieveway There's no way I know, to get through the pain of a startup without belief that the mission really matters. Sam Altman painmatterway Good startups usually take 10 years. Sam Altman years A third advantage of mission oriented companies, is that people outside the company are more willing to help you. Sam Altman advantagehelpingpeople You'll get more support on a hard, important, project than a derivative one. Sam Altman derivativessupportimportant When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup. Sam Altman easiereasyway The thirteenth search engine- and without all the features of a web portal, most people thought that was pointless. Sam Altman search-engineportalpeople Or a way to stay on strangers couches, that just sounds terrible all around. Sam Altman strangersoundway You can basically change everything in a startup but the market. Sam Altman Move fast. Speed is one of your main advantages over large competitors. Sam Altman fastyouroverspeed AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies. Sam Altman aiendgreatworld Everyone is looking for the hack, the secret to success without hard work. Sam Altman lookinghard-workworksuccess Anonymity breeds meanness. Sam Altman breedsanonymitymeanness Don't hire for the sake of hiring. Hire because there is no other way to do what you want to do. Sam Altman becauseyouwantway There is a lot of stuff I like. I love backpacking. I love going to an island where I can just sit on the beach and read or scuba dive and sail. I do a lot of that. I still go backpacking around Europe in the summers and staying in hostels. I love that. Sam Altman saili-canlovebeach Never put your family, friends, or significant other low on your priority list. Prefer a handful of truly close friends to a hundred acquaintances. Sam Altman yourneverfriendsfamily
