Many founders hire just because it seems like a cool thing to do, and people always ask how many employees you have. – Sam Altman
If you have a startup that’s keeping it up at night because you think it’s so great, then you should do that. – Sam Altman
If the Reddit community cannot learn to balance authenticity and compassion, it may be a great website, but it will never be a truly great community. – Sam Altman
I don’t think people spend nearly enough time thinking about what they like and what they’re good at. – Sam Altman
If a company is profitable, the founder is in control. If it’s not, investors are in control. – 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
Seed investing is the status symbol of Silicon Valley. Most people don’t want Ferraris, they want a winning seed investment. – Sam Altman
It’s easy to say, ‘I’m going to build something that already exists,’ but it’s difficult to clearly and succinctly describe something new. – Sam Altman
Intelligence is usually easy to tell in a 10-minute conversation. Determination is harder. – Sam Altman
Asking what I’d do without Loopt is almost like asking what I would do if I didn’t have a smartphone because the feature set has become the norm for me. – Sam Altman
If you have the opportunity to go be an early employee at a company that’s just going crazy, and you believe it’s the next Facebook or Google, you should go join that company. – Sam Altman
Very ambitious startups often take a long time to work – or sometimes they take a very long time to look ambitious. – Sam Altman
All companies that grow really big do so in only one way: people recommend the product or service to other people. – Sam Altman
The biggest part of Loopt is about discovering the world around you, never replacing a social experience – only adding to it. – 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
I suppose if I didn’t have Loopt, I’d have to, I don’t know, pick up the phone and just start calling people, a lot more texting and certainly more Googling. – Sam Altman