That culture of frugality and discipline is really important for the Y Combinator mindset. Sam Altman Read Quote
Seed investing is the status symbol of Silicon Valley. Most people don’t want Ferraris, they want a winning seed investment. Sam Altman Read Quote
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 Read Quote
The only way to generate sustained exponential growth is to make whatever you’re making sufficiently good. Sam Altman Read Quote
There’s this famous observation that I totally believe: Great startup ideas are the ones that lie in the intersection of the Venn diagram of ‘is a good idea’ and ‘looks like a bad idea.’ So you want most people to think it’s a bad idea and thus not compete with you until you get giant. But for it to secretly be good. Sam Altman Read Quote
AI will probably most likely lead to the end of the world, but in the meantime, there’ll be great companies. Sam Altman Read Quote