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Sam Altman

The website blog.samaltman.com is the personal blog of Sam Altman, an American entrepreneur, investor, and programmer. He is best known as the former president of Y Combinator, a well-known startup accelerator, and the co-founder and former CEO of Loopt, a location-based social networking service. The blog features a collection of articles and essays written by Sam Altman on various topics, including technology, entrepreneurship, startups, and personal growth. The content is informal and conversational, offering insights into Altman's thoughts and experiences as a successful entrepreneur and investor. Some of the topics covered on the blog include startup advice, product development, fundraising, and the future of technology. Altman also shares his personal experiences and lessons learned from his time at Y Combinator and Loopt. Overall, the blog is a valuable resource for entrepreneurs, startup founders, and anyone interested in technology and innovation. It offers practical advice, insights, and perspectives from someone who has been successful in the tech industry.
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Sam Altman blog.samaltman.com
RSS Hunter RSS Hunter • Aug 19, 2024

Thread Of Notes

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The author shares a family photo, hoping to discourage future acts of violence after a Molotov cocktail was thrown at their house. They were targeted following an incendiary article and heightened anxiety about AI. The author, reflecting, admits to underestimating the impact of words and narratives. They strongly believe in using AI to benefit everyone and advance science and technology. The author acknowledges the justified fears surrounding AI and the need for societal adaptation and democratic control. They reflect on their role in OpenAI’s first decade, showing pride in achievements but admitting to past mistakes. The author states the importance of democratizing the technology and maintaining a transparent dialogue. They highlight the intense pressure in the AI industry and the importance of the democratic process. The author believes the industry is driven by a "ring of power" dynamic, emphasizing the need for shared technology. The author aims to contribute to AI development through individual empowerment and democratic processes. They welcome good-faith criticism while advocating for de-escalation of rhetoric and violence. The author concludes by restating their belief that technological progress can create a better future.
https://blog.samaltman.com/2279512 blog.samaltman.com
RSS Hunter RSS Hunter • Apr 10

Sora update #1

OpenAI is actively learning and iterating on Sora based on user and rightsholder feedback. Soon, they will implement more granular controls for rightsholders regarding character generation, similar to likeness opt-in but with expanded options. This allows rightsholders to specify how their characters can be used, including the ability to prohibit usage entirely. The company anticipates a variety of approaches from users for this new form of "interactive fan fiction." They acknowledge that some unintended generations may occur during this iterative process. Additionally, a revenue model for video generation is necessary due to higher-than-expected usage and small audience sizes. OpenAI plans to share some of this revenue with rightsholders whose characters are generated by users. While the exact revenue-sharing model requires experimentation, it will launch shortly. The hope is that this new engagement proves more valuable than the revenue share, though both are being pursued. Users should expect rapid changes, akin to the early days of ChatGPT, with quick fixes for missteps. These iterative improvements will be tested on Sora before being applied across other OpenAI products.
https://blog.samaltman.com/sora-update-number-1 blog.samaltman.com
RSS Hunter RSS Hunter • Oct 4, 2025

Sora 2

A new app called Sora is launching, powered by Sora 2, designed to simplify video creation, sharing, and viewing. It's being hailed as a potential "ChatGPT for creativity," offering a fast and fun way to bring ideas to life and fostering new social dynamics. This development could spark a creative explosion, significantly improving art and entertainment quality and making the creative landscape more accessible. A key feature is the cameo function, allowing users to insert themselves and friends into videos with impressive character consistency, offering a novel way to connect. Despite the excitement, there are concerns about potential negative social media impacts like addiction and bullying. The team acknowledges the risk of AI video generation leading to a detrimental content loop, but they are actively developing strategies to avoid this. Sora incorporates several safeguards, including preventing misuse of likenesses, filtering harmful content, and monitoring user well-being. The product is guided by principles focused on long-term user satisfaction, encouraging users to control their content feeds, prioritizing the creation process, and helping users achieve their lasting aspirations. The aim is to make users feel their lives are enriched by using Sora, with significant changes or discontinuation planned if this isn't achieved.
https://blog.samaltman.com/sora-2 blog.samaltman.com
RSS Hunter RSS Hunter • Sep 30, 2025

Abundant Intelligence

Growth in the use of AI services has been astonishing; we expect it to be even more astonishing going forward. As AI gets smarter, access to AI will be a fundamental driver of the economy, and maybe eventually something we consider a fundamental human right. Almost everyone will want more AI working on their behalf. To be able to deliver what the world needs—for inference compute to run these models, and for training compute to keep making them better and better—we are putting the groundwork in place to be able to significantly expand our ambitions for building out AI infrastructure. If AI stays on the trajectory that we think it will, then amazing things will be possible. Maybe with 10 gigawatts of compute, AI can figure out how to cure cancer. Or with 10 gigawatts of compute, AI can figure out how to provide customized tutoring to every student on earth. If we are limited by compute, we’ll have to choose which one to prioritize; no one wants to make that choice, so let’s go build. Our vision is simple: we want to create a factory that can produce a gigawatt of new AI infrastructure every week. The execution of this will be extremely difficult; it will take us years to get to this milestone and it will require innovation at every level of the stack, from chips to power to building to robotics. But we have been hard at work on this and believe it is possible. In our opinion, it will be the coolest and most important infrastructure project ever. We are particularly excited to build a lot of this in the US; right now, other countries are building things like chips fabs and new energy production much faster than we are, and we want to help turn that tide. Over the next couple of months, we’ll be talking about some of our plans and the partners we are working with to make this a reality. Later this year, we’ll talk about how we are financing it; given how increasing compute is the literal key to increasing revenue, we have some interesting new ideas.
https://blog.samaltman.com/abundant-intelligence blog.samaltman.com
RSS Hunter RSS Hunter • Sep 23, 2025

Jakub and Szymon

AI has gotten remarkably better in recent years; ChatGPT can do amazing things that we take for granted. This is as it should be, and is the story of human progress. But behind the blinking circle, nicely abstracted away, is the greatest story of human ingenuity I have ever seen. A lot of people have worked unbelievably hard to discover how to build something that most experts thought was impossible on this timeframe, and to build a company to deliver products at massive scale to let people benefit from it. Most people who use ChatGPT will never think about the people that put so much work into it, which is totally ok, but just to take a minute of your time… There are two people I'd like to mention that OpenAI would not be OpenAI without: Jakub Pachocki and Szymon Sidor. Time and again, they combine research and engineering to solve impossible problems. They have not gotten enough public credit, but they decided to scale up RL as a baseline to see where it broke when the conventional wisdom was that it didn't scale which led to our Dota result, built much of the infrastructure that enabled a lot of our scientific discoveries, led GPT-4 pretraining, drove together with Ilya and Lukasz the initial ideas that led to the reasoning breakthrough, and have made significant progress exploring new paradigms. Jakub is our chief scientist. He once described Szymon as “indefatigable”, which is as perfect of a use of that word as I have ever heard. OpenAI has not yet thrown a problem at them they have not been able to solve; I have heard about partnerships like there is research labs of the past where two people are able to complement each other so well, but it is very special to get to watch it unfold over the years.
https://blog.samaltman.com/jakub-and-szymon blog.samaltman.com
RSS Hunter RSS Hunter • Sep 9, 2025

The Gentle Singularity

Humanity is close to building digital superintelligence, which is less weird than expected. We have built systems that are smarter than people in many ways, and can significantly amplify human output. AI will contribute to the world in many ways, and the gains to quality of life will be vast. Scientific progress is the biggest driver of overall progress, and it's exciting to think about how much more we could have. ChatGPT is already more powerful than any human who has ever lived, and hundreds of millions of people rely on it every day. 2025 has seen the arrival of agents that can do real cognitive work, and 2026 will likely see the arrival of systems that can figure out novel insights. In the 2030s, intelligence and energy will become wildly abundant, and we can theoretically have anything else. The rate of technological progress will keep accelerating, and people will adapt to almost anything. We will build ever-more-wonderful things for each other, and the rate of new wonders being achieved will be immense, and it's hard to even imagine today what we will have discovered by 2035.
https://blog.samaltman.com/the-gentle-singularity blog.samaltman.com
RSS Hunter RSS Hunter • Jun 10, 2025

Three Observations

Our mission is to ensure that Artificial General Intelligence benefits all of humanity. AGI is a system that can tackle complex problems at a human level in many fields, and it is considered the next tool in human progress. The steady march of human innovation has brought unprecedented levels of prosperity and improvements to people's lives, and AGI is expected to accelerate this progress. In a decade, everyone on earth may be capable of accomplishing more than the most impactful person can today.The economics of AI development are characterized by rapid progress, with the intelligence of an AI model roughly equal to the log of the resources used to train and run it. The cost to use a given level of AI falls about 10x every 12 months, and the socioeconomic value of linearly increasing intelligence is super-exponential in nature. These trends are expected to continue, leading to significant impacts on society.AI agents, such as virtual co-workers, are being rolled out, and they will eventually be capable of doing most things a human can do in their field. The world will not change all at once, but the long-term changes to our society and economy will be huge. Agency, willfulness, and determination will be extremely valuable, and AGI will enable individual people to have more impact than ever before.The impact of AGI will be uneven, with some industries changing very little, while scientific progress will likely be much faster than it is today. The price of many goods will eventually fall dramatically, and the price of luxury goods and limited resources may rise. Public policy and collective opinion on how to integrate AGI into society matter a lot, and ensuring that the benefits of AGI are broadly distributed is critical.The balance of power between capital and labor could easily get messed up, and this may require early intervention. Ideas like giving everyone on Earth a "compute budget" to use AI or driving the cost of intelligence as low as possible may be necessary to ensure that everyone has access to unlimited genius.
https://blog.samaltman.com/three-observations blog.samaltman.com
RSS Hunter RSS Hunter • Feb 9, 2025

Reflections

The author reflects on the journey of OpenAI, particularly the development and impact of ChatGPT, which launched on November 30, 2022, and has shown a growth curve unlike anything seen before. The company's mission is to ensure that AGI benefits all of humanity. The author discusses the challenges and rewards of building a company around new technology, highlighting the importance of a board with diverse viewpoints and broad experience. The author also shares personal experiences, including being fired by surprise and the importance of gratitude towards those who have supported them. The company has made significant progress in research and deployment, focusing on safety and benefits sharing. The author believes that the best way to make an AI system safe is through iterative release, allowing society to adapt and co-evolve with the technology. OpenAI is now aiming towards superintelligence, which could accelerate scientific discovery and innovation. The author concludes by expressing gratitude to those who have helped them, particularly Ron Conway and Brian Chesky, and looks forward to paying it forward.
https://blog.samaltman.com/reflections blog.samaltman.com
RSS Hunter RSS Hunter • Jan 6, 2025

GPT-4o

There are two things from our announcement today I wanted to highlight. First, a key part of our mission is to put very capable AI tools in the hands of people for free (or at a great price). I am very proud that we’ve made the best model in the world available for free in ChatGPT, without ads or anything like that.  Our initial conception when we started OpenAI was that we’d create AI and use it to create all sorts of benefits for the world. Instead, it now looks like we’ll create AI and then other people will use it to create all sorts of amazing things that we all benefit from.  We are a business and will find plenty of things to charge for, and that will help us provide free, outstanding AI service to (hopefully) billions of people.  Second, the new voice (and video) mode is the best computer interface I’ve ever used. It feels like AI from the movies; and it’s still a bit surprising to me that it’s real. Getting to human-level response times and expressiveness turns out to be a big change. The original ChatGPT showed a hint of what was possible with language interfaces; this new thing feels viscerally different. It is fast, smart, fun, natural, and helpful.Talking to a computer has never felt really natural for me; now it does. As we add (optional) personalization, access to your information, the ability to take actions on your behalf, and more, I can really see an exciting future where we are able to use computers to do much more than ever before. Finally, huge thanks to the team that poured so much work into making this happen!
https://blog.samaltman.com/gpt-4o blog.samaltman.com
RSS Hunter RSS Hunter • May 13, 2024

What I Wish Someone Had Told Me

Optimism, passion, and connections are crucial for starting endeavors. Teams with calmness, urgency, and commitment complete projects. Focus on long-term goals and minimize external pressure. Audacious ideas inspire teams. Use incentives wisely. Concentrate resources on high-priority projects. Communicate effectively and challenge bureaucracy. Prioritize outcomes over process. Recruit carefully and value potential and results. Superstars have significant impact. Embrace fast iteration to minimize errors. Accept limitations but pursue continuous improvement. Exponential growth can have unexpected benefits. Persistence and collaboration are vital. Great colleagues enhance the work experience.
https://blog.samaltman.com/what-i-wish-someone-had-told-me blog.samaltman.com
RSS Hunter RSS Hunter • Dec 21, 2023

Helion Needs You

Helion Energy aims to revolutionize energy with clean fusion power at an ultra-low cost of 1 cent per kilowatt-hour. The company has made significant scientific progress in demonstrating fusion's viability and plans to resolve all design questions for a mass-producible fusion generator by 2024. This breakthrough would transform the world, providing abundant, inexpensive energy that can elevate the quality of life and support carbon capture. To achieve this ambitious goal, Helion now faces engineering challenges in manufacturing, supply chain, and infrastructure. The company emphasizes the importance of attracting talented engineers in critical roles, including electrical engineers, mechanical engineers, and a manager of mechanical engineering. These experts will play a crucial role in developing reliable machines, establishing a manufacturing and supply chain capable of producing a machine daily, and collaborating with power grids and governments globally. Helion's success hinges on the caliber of the team it assembles, and it encourages interested individuals to apply even if their qualifications do not perfectly align with the job descriptions.
https://blog.samaltman.com/helion-needs-you blog.samaltman.com
RSS Hunter RSS Hunter • Jul 13, 2022

DALL•E 2

DALL•E 2, a new AI tool, enables image creation and editing through natural language commands. It represents a shift towards natural language-based computer interfaces, extending beyond code generation to image creation. DALL•E 2 exhibits an advanced understanding of concepts and their interrelationships. While it assists artists in creativity, it may also impact labor markets by automating some creative tasks. AI's impact on job markets may differ from past expectations, potentially affecting cognitive and creative work sooner than physical labor. DALL•E 2 highlights the importance of ideas and the declining relevance of specific skills. Despite its potential benefits, the tool's power raises concerns about misuse. To mitigate these risks, OpenAI plans a product launch this summer, preceded by a research launch for collaboration and adaptation. The deployment strategy aims to minimize downsides and allow gradual adjustment to the technology's impact.
https://blog.samaltman.com/dall-star-e-2 blog.samaltman.com
RSS Hunter RSS Hunter • Apr 6, 2022

Helion

I’m delighted to be investing more in Helion. Helion is by far the most promising approach to fusion I’ve seen. David and Chris are two of the most impressive founders and builders (in the sense of building fusion machines, in addition to building companies!) I have ever met, and they have done something remarkable. When I first invested in them back in 2014, I was struck by the thoughtfulness of their plans about the scientific approach, the system design, cost optimizations, and the fuel cycle. And now, with a tiny fraction of the money spent on other fusion efforts but the culture of a startup, they and their team have built a generator that produces electricity. Helion has a clear path to net electricity by 2024, and has a long-term goal of delivering electricity for 1 cent per kilowatt-hour. (!) If this all works as we hope, we may have a path out of the climate crisis. Even though there are a lot of emissions that don’t come from electrical generation, we’d be able to use abundant energy to capture carbon and other greenhouses gases. And if we have much cheaper energy than ever before, we can do things that are difficult to imagine today. The cost of energy is one of the fundamental inputs in the costs of so much else; dramatically cheaper energy will lead to dramatically better quality of life for many people.
https://blog.samaltman.com/helion blog.samaltman.com
RSS Hunter RSS Hunter • Nov 5, 2021

The Strength of Being Misunderstood

A founder recently asked me how to stop caring what other people think. I didn’t have an answer, and after reflecting on it more, I think it's the wrong question. Almost everyone cares what someone thinks (though caring what everyone thinks is definitely a mistake), and it's probably important. Caring too much makes you a sheep. But you need to be at least a little in tune with others to do something useful for them. It seems like there are two degrees of freedom: you can choose the people whose opinions you care about (and on what subjects), and you can choose the timescale you care about them on. Most people figure out the former [1] but the latter doesn’t seem to get much attention. The most impressive people I know care a lot about what people think, even people whose opinions they really shouldn’t value (a surprising numbers of them do something like keeping a folder of screenshots of tweets from haters). But what makes them unusual is that they generally care about other people’s opinions on a very long time horizon—as long as the history books get it right, they take some pride in letting the newspapers get it wrong.  You should trade being short-term low-status for being long-term high-status, which most people seem unwilling to do. A common way this happens is by eventually being right about an important but deeply non-consensus bet. But there are lots of other ways–the key observation is that as long as you are right, being misunderstood by most people is a strength not a weakness. You and a small group of rebels get the space to solve an important problem that might otherwise not get solved.  [1] In the memorable words of Coco Chanel, “I don’t care what you think about me. I don’t think about you at all.”
https://blog.samaltman.com/the-strength-of-being-misunderstood blog.samaltman.com
RSS Hunter RSS Hunter • Dec 1, 2020

PG and Jessica

The success of YC is primarily attributed to the unwavering efforts of Paul Graham (PG) and Jessica Livingston. They believed in and supported unknown entrepreneurs, establishing strong norms and combating negative behavior. PG and Jessica's personal involvement, focus on community, and long-term orientation fostered a family-like atmosphere. Crucially, they built an ecosystem by prioritizing the interests of others, resulting in widespread benefits that solidified YC's position. Despite the simplicity of these principles, replicating YC's success has proven elusive in other industries and regions. The unique combination of PG and Jessica's leadership and their commitment to building an ecosystem remains the cornerstone of YC's enduring impact on the startup industry.
https://blog.samaltman.com/pg-and-jessica blog.samaltman.com
RSS Hunter RSS Hunter • Sep 25, 2020

Researchers and Founders

The most exceptional individuals in both research and entrepreneurship exhibit distinctive characteristics, including a relentless focus on solving important problems, a clear understanding of their field's challenges, and an unwavering commitment to innovation. They possess a unique ability to think independently, anticipate future trends, and identify areas where progress is possible. They also combine a laser-sharp focus on immediate tasks with a long-term vision. Despite their differences, they share a bias towards action, honesty about their progress, and a strong desire for autonomy. Their motivations often extend beyond external rewards, driven by a genuine passion for understanding and solving complex problems.
https://blog.samaltman.com/researchers-and-founders blog.samaltman.com
RSS Hunter RSS Hunter • Jun 19, 2020

Project Covalence

Almost every company and non-profit working on COVID-19 that I offered to help asked for support with clinical trials—for companies focusing on developing novel drugs, vaccines, and diagnostics, rapidly spinning up trials is one of their biggest bottlenecks.  Science remains the only way out of the COVID-19 crisis. Dramatically improving clinical trials, which are usually time-consuming and cost tens to hundreds of millions of dollars, is one of the highest-leverage ways to get out of it faster.   The goal of this project, in collaboration with TrialSpark and Dr. Mark Fishman, is to offer much better clinical trial support to COVID-19 projects than anything that currently exists. Project Covalence’s platform, powered by TrialSpark, is uniquely optimized to support COVID-19 trials, which are ideally run in community settings or at the patient’s home to reduce the burden placed on hospitals and health systems. Project Covalence is well-positioned to tackle the operational and logistical challenges involved in launching such trials, and supports trial execution, 21 CFR Part 11 compliant remote data collection, telemedicine, biostatistics, sample kits for at-home specimen collection, and protocol writing.  Researchers across academia and industry can leverage this shared infrastructure to rapidly launch their clinical trials. To facilitate coordination between studies, we will also be creating master protocols for platform studies to enable shared control arms and adaptive trial designs. If you’re interested in getting involved or have a trial that needs support, please get in touch at [email protected] or visit www.projectcovalence.com.
https://blog.samaltman.com/project-covalence blog.samaltman.com
RSS Hunter RSS Hunter • Jun 16, 2020

Idea Generation

To generate startup ideas, founders should surround themselves with people who are open-minded, optimistic, and creative. Staying away from pessimistic individuals is crucial. Founders should consider future technological advancements and identify opportunities within them. They should also pay attention to trends that enable possibilities not previously available. A strong indicator of a good idea is the belief that it is inevitable, even if uncertainty remains about its realization. Considering one's strengths and the potential for scalability is essential. A good idea should also challenge common misconceptions, revealing its unique advantages. Founder-company fit is as important as product-market fit. By following these principles, founders can improve their ability to generate innovative and impactful ideas.
https://blog.samaltman.com/idea-generation blog.samaltman.com
RSS Hunter RSS Hunter • May 28, 2020

Please Fund More Science

Experts on the COVID-19 pandemic seem to think there are three ways out—that is, for life, health, and the economy to return roughly to normal.  Either we get a vaccine good enough that R0 for the world goes below 1, a good enough treatment that people no longer need to be afraid, or we develop a great culture of testing, contract tracing, masks, and isolation. I wish that the federal government were doing much more—it would be great to see even a few percent of the recent stimulus bill go to funding R+D.  But they don’t seem to be funding enough science, and although I think concerns about the private sector and philanthropy doing what the government is supposed to be doing are somewhat valid, there isn’t a great alternative right now. On the positive side, I have never seen a field focused on one problem with such ferocity before.  The response of biotech companies and research labs is amazing, and the speed they are operating at seems to have increased by more than 10x.  It’s the best of the spirit of innovation, and it’s inspiring to see what these companies and research labs are doing. Scientists can get us out of this.  What they need are money and connections. Investors and donors—this is where we can help.  Please consider shifting some of your focus and capital to scientific efforts addressing the pandemic.  (And future pandemics too—I think this will be a before-and-after moment in the world, and until we can defend against new viruses quickly, things are going to be different.) The learning curve is quick, and there are a lot of experts willing to help you with diligence.  It feels good to do something that might be useful, it’s interesting to do something totally new, and it will make you more optimistic. If you make it known to your network that you want to fund efforts working on COVID-19, you’ll get flooded with opportunities.  And it’s always good to invest where the best founders are congregating.
https://blog.samaltman.com/please-fund-more-science blog.samaltman.com
RSS Hunter RSS Hunter • Mar 30, 2020

Funding for COVID-19 Projects

To aid in the fight against COVID-19, the author seeks to fund startups focused on:1. Rapid production of ventilators, masks, and gowns through innovative engineering solutions. 2. Screening existing drugs for effectiveness against the virus. 3. Developing novel vaccine approaches and therapeutics not being pursued by large pharmaceutical companies.The author encourages interested startups to contact them via email rather than using the previously unsuccessful public spreadsheet.Additionally, the author is looking for a contract research company that can conduct viral challenges in a humanized ACE2 animal model for a startup they are collaborating with.Emphasizing the importance of social distancing, the author reiterates that the most effective measure remains getting people to stay home.
https://blog.samaltman.com/funding-for-covid-19-projects blog.samaltman.com
RSS Hunter RSS Hunter • Mar 15, 2020

The Virus

Although I still hope things will go differently, the experts I’ve spoken to think we are likely to face a global tragedy—hundreds of thousands of deaths from Covid-19. I hope that society views this as a warning for the future.  Covid-19 is bad, but only a warm-up.  I think it’s unlikely that this is the worst new pandemic (human-created or otherwise) we’ll see in our lifetimes.  We need to be ready to deal with it much better next time. In the meantime, young healthy people should try to avoid getting Covid-19 for as long as possible.  It’s true that it doesn’t seem to be very bad for young people, but more people getting it—particularly people who don’t get sick enough to stay home—will accelerate the spread, and this virus seems quite bad for old people and people with pre-existing conditions. I expect society will shift to a new normal pretty fast.  Some of these elements—e.g., much less business travel, much less handshaking, much more handwashing—I expect to just stick.  Some others—e.g., people working from home all of the time—I expect to not stick.  The economic disruption is still probably under-appreciated and will remind us that our systems are more fragile than we think.  For example, I do not think the recent plunge in US Treasury yields is explained by Covid-19 alone, but rather a reminder of cascading effects that can happen in a complex system.
https://blog.samaltman.com/the-virus blog.samaltman.com
RSS Hunter RSS Hunter • Mar 7, 2020

Hard Startups

Hard startups, characterized by significant investment and technological challenges, often enjoy an advantage over easy startups due to their inherent value and ability to attract talented individuals. While easy startups may seem accessible, their success is often hindered by limited impact and competition for skilled professionals.A startup's success depends on its ability to attract and retain talent, which is drawn to meaningful missions and ambitious visions. Hard startups offer a compelling narrative that aligns with individuals' aspirations and drives their commitment.As a startup grows, it faces the challenge of attracting and retaining enough talented people, eventually reaching a threshold where its progress is limited. In contrast, hard startups benefit from a supportive ecosystem that values dedication to significant problems.Silicon Valley's culture encourages serious endeavors, allowing founders to secure funding for ambitious ventures without extensive credentials or experience. By embracing a long-term perspective and relentless pursuit of ambitious goals, startups can gain a competitive edge.Hard startups provide a tailwind of support, facilitating hiring, partnerships, and fundraising. They also allow for compounding advantages over time, as most competitors operate on shorter timeframes.While startups with small teams can also be successful, compensation packages from tech giants are driving a trend towards larger teams. Hard startups offer a compelling opportunity for those willing to make a long-term commitment to solving significant problems and shaping the future.
https://blog.samaltman.com/hard-startups blog.samaltman.com
RSS Hunter RSS Hunter • Feb 26, 2020

How To Invest In Startups

Investing in startups requires access to opportunities, sound decision-making, and attracting founders to invest with you. To secure access, network diligently and establish a personal brand. Successful startups often have exceptional founders, characterized by determination, intelligence, and ambition. Identifying future greatness is crucial, focusing on improvement and self-belief. Market analysis should consider growth potential and the ability for startups to innovate rapidly. Ideal investments have high growth potential, network effects, and strong founders. Scale is essential, and founders should be encouraged to set ambitious but achievable goals. Providing specific tactical advice and emotional support can significantly benefit founders. Traditional sales tactics, decisiveness, and treating founders as peers can improve your close rate. However, helping founders with ideas is generally challenging, and investors should self-assess their ability before offering assistance.
https://blog.samaltman.com/how-to-invest-in-startups blog.samaltman.com
RSS Hunter RSS Hunter • Jan 13, 2020