Sam Altman

160 statements across 23 episodes · 65 bullish · 34 bearish · 9 people on the record · first statement Aug 30, 2016 by Sam Altman · said 89 times in 40 episodes since 2014 · across every show →

On the record as a speaker too: Sam Altman's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Jared Friedman (13), Garry Tan (11), Carolynn Levy (11), Geoff Ralston (7), David Lieb (6), Jason Kilar (4), Spencer Skates (3), Michael Seibel (3)

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08152014201520162017201820192020202120222023202420252026episodes it came up in
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2026 8 mentions in 5 episodes 2 per episode
2025 19 mentions in 12 episodes 2 per episode
2024 17 mentions in 2 episodes 9 per episode
2019 6 mentions in 3 episodes 2 per episode
2018 31 mentions in 14 episodes 2 per episode
2017 6 mentions in 3 episodes 2 per episode
2014 2 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Sam Altman, oldest first

Aug 30, 2016 positive
Assertion Contradicted
Altman: Every billion-dollar accelerator alumni so far came from Y Combinator
“However, all, every billion plus dollar company so far ever to come out and accelerate, I think there's 11, have been part of YC.”
Sam Altman Aug 30, 2016 ▶ 29:16 Jessica Livingston : How to Build the Future · Y Combinator
Sep 15, 2016 positive
Disclosure
Musk: OpenAI was founded to prevent concentration of advanced AI
“The reason that obviously you mean the rest of the team you know, created open AI was to help [783] Elon Musk: with the democracy, help, help spread out AI technology [787] Elon Musk: so it doesn't get concentrated in the hands of a few.”
Elon Musk Sep 15, 2016 ▶ 12:53 Elon Musk : How to Build the Future · Y Combinator
Sep 27, 2016
Insight
Sam Altman: Having Real Impact Requires Aligning Skill, Enjoyment, and Value Creation
“I think you want to look for the intersection of what you're good at, what you enjoy, and what, where you can create value for the world. And in my experience, if you don't find some of the intersection of those three, it's hard to really have an impact.”
Sam Altman Sep 27, 2016 ▶ 0:29 Sam Altman : How to Build the Future · Y Combinator
Sep 27, 2016
Insight
Altman: Burnout is caused by failure and lack of momentum, not overwork
“At least in my own experience, what I found is that burnout actually comes from failing and things not working. Momentum is really energizing. The lack of momentum is super draining.”
Sam Altman Sep 27, 2016 ▶ 9:23 Sam Altman : How to Build the Future · Y Combinator
Sep 27, 2016
Insight
Sam Altman: Time horizon is one of few remaining market arbitrage opportunities
“I think that one of the few arbitrage opportunities left in the market is time. I think we have gotten really good at high frequency trading. We've gotten really good at the price of things, and we've gotten worse at the long-term value.”
Sam Altman Sep 27, 2016 ▶ 15:55 Sam Altman : How to Build the Future · Y Combinator
Sep 27, 2016 positive
Insight
Sam Altman: Aggressiveness and asking directly are vital entrepreneurial traits
“Being willing to ask what you want and be somewhat aggressive are really important characteristics of being an entrepreneur.”
Sam Altman Sep 27, 2016 ▶ 13:30 Sam Altman : How to Build the Future · Y Combinator
Sep 27, 2016 positive
Insight
Sam Altman: Helping people unconditionally consistently yields massive career upside
“Whenever I've helped people for no immediate benefit and with no intention of ever getting a benefit at all time and again in my career, it has really Later, benefited me a lot.”
Sam Altman Sep 27, 2016 ▶ 2:01 Sam Altman : How to Build the Future · Y Combinator
Sep 27, 2016 positive
Insight
Altman: Working hard early in your career to compound gains is underrated
“I do think that working hard early in your career to get the leverage and the compounding effects is underrated and one of the most valuable pieces of advice that I never got.”
Sam Altman Sep 27, 2016 ▶ 5:09 Sam Altman : How to Build the Future · Y Combinator
Sep 27, 2016 bullish
Disclosure
Sam Altman: Target holding period for best startup investments is forever
“I, my new belief on how long I should hold stock in the best companies I invest in is forever.”
Sam Altman Sep 27, 2016 ▶ 16:24 Sam Altman : How to Build the Future · Y Combinator
Sep 27, 2016 positive
Insight
Sam Altman: Finding your tribe requires relocating to geographic talent hubs
“For whatever you're doing, there tend to be pockets of it around the world where there are similar people that are doing great work in whatever field you care about, and it's really worth trying to go be near them.”
Sam Altman Sep 27, 2016 ▶ 1:37 Sam Altman : How to Build the Future · Y Combinator
Dec 26, 2016 negative
Insight
Altman: Pitches fail if investors miss the product in 30 seconds
“I, it's always so tempting to try to tell this sort of grandiose and exciting story, but if you can't, if the person you're pitching can't understand what you actually do today in the first, like, 30 seconds, the pitch is unlikely to get better from there.”
Sam Altman Dec 26, 2016 ▶ 31:40 Pitch Practice with Paul Buchheit and Sam Altman at Startup School SV 2016 · Y Combinator
Dec 26, 2016
Insight
Altman: Founders should never leave pitch meetings without follow-up plans
“One thing at the end don't leave a meeting without some plan for a follow-up. It's like really good to just say, like, can I email you? Should we meet again? What are your thoughts?”
Sam Altman Dec 26, 2016 ▶ 20:20 Pitch Practice with Paul Buchheit and Sam Altman at Startup School SV 2016 · Y Combinator
Jan 11, 2017 bullish
Prediction Not checkable as stated
Altman: VR and AR will clearly become an important computing platform
“It's still early, but VR, AR clearly will be an important computing platform.”
Sam Altman Jan 11, 2017 ▶ 15:17 Office Hours with Sam Altman · Y Combinator
Jan 11, 2017 positive
What-if
Altman: If I stayed in school longer I would have studied synthetic biology
“If I had stayed at school longer I would have studied what was at the time called biotechnology and now is called sometimes that sometimes synthetic biology, but that sort of stuff where you're really kind of pushing the edge of what computers and biology can …”
Sam Altman Jan 11, 2017 ▶ 14:02 Office Hours with Sam Altman · Y Combinator
Jan 11, 2017
Disclosure
Altman: I am chairman of two nuclear energy companies
“So I'm the chairman of the board of two nuclear energy companies.”
Sam Altman Jan 11, 2017 ▶ 14:30 Office Hours with Sam Altman · Y Combinator
Jan 11, 2017
Insight
Altman: Acquired Startup Employees Should Give Integration Six to Nine Months
“I would give it like a good six to nine months before making a decision that it's not going to work.”
Sam Altman Jan 11, 2017 ▶ 24:08 Office Hours with Sam Altman · Y Combinator
Jan 11, 2017
Insight
Altman: Target autonomy agreements are crucial before finalizing startup acquisitions
“The most important thing that I have seen is an agreement before the acquisition is finalized about autonomy of the target company.”
Sam Altman Jan 11, 2017 ▶ 23:13 Office Hours with Sam Altman · Y Combinator
Jan 11, 2017 negative
Assertion Supported
Altman: Equity crowdfunding primarily multiplies capital from professional investors
“The thing that I still see going most wrong with crowdfunding for startups is it's easy if you're a startup that doesn't need it because you already have very well-known investors. But thus far, when it comes to equity crowdfunding, the crowd has been less wil…”
Sam Altman Jan 11, 2017 ▶ 11:34 Office Hours with Sam Altman · Y Combinator
Jan 11, 2017 positive
Opinion
Altman: Silicon Valley's network value still outweighs its high living costs
“I still do. That could tip someday. And you can still live cheaply kind of in the nooks and crannies of the Valley.”
Sam Altman Jan 11, 2017 ▶ 7:00 Office Hours with Sam Altman · Y Combinator
Jan 11, 2017
Disclosure
Altman refuses to co-found a company with someone he does not know
“I would not start a company with someone I didn't already know.”
Sam Altman Jan 11, 2017 ▶ 10:22 Office Hours with Sam Altman · Y Combinator
Mar 17, 2017 negative
Opinion
Altman: Investors rarely do much despite big promises
“Investors sort of like write the check. And then despite a lot of big promises don't usually do that much, sometimes they do. But your employees are really the ones that build the company over years and years.”
Sam Altman Mar 17, 2017 ▶ 19:20 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
Mar 17, 2017 negative
Insight
Altman: Early-stage startups should only hire out of desperate need
“At the beginning, you should only hire when you have a desperate need to. Later, you need to learn how to hire fast and scale up the company. But in the early days the goal should be not to hire.”
Sam Altman Mar 17, 2017 ▶ 8:17 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
Mar 17, 2017 negative
Insight
Altman: Standard burnout advice like vacations never works for startup founders
“The canonical advice is like go on vacation or whatever. That never works for founders. It's sort of all-consuming in this way. It's very difficult to understand. So, what you do is you just keep going.”
Sam Altman Mar 17, 2017 ▶ 1:52 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
Mar 17, 2017 positive
Insight
Altman: Young people have better instincts on fast-growing markets than older people
“Older people have to basically guess about the technologies that are sort of, that young people are using, right? Because young people get older and they become the dominant market. But you can just watch what you're doing and what your friends are doing. And …”
Sam Altman Mar 17, 2017 ▶ 0:47 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
Mar 17, 2017
Insight
Altman: Founders Must Restore Lost Momentum with Small Wins, Not Vision Speeches
“You have to save the vision speeches for when the company's winning. When you're not winning, you just have to get momentum back in small wins.”
Sam Altman Mar 17, 2017 ▶ 43:02 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
Mar 17, 2017 negative
Insight
Altman: A bad hire among the first three employees kills the company
“In fact, a lot of the companies that I've been very involved with that have had a very bad first hire in the first three or so employees never recover from it. It just kills the company.”
Sam Altman Mar 17, 2017 ▶ 8:34 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
Mar 17, 2017
Insight
Altman: Founders should spend zero or 25% of time hiring
“One question that people asked online this morning is how much time you should be spending hiring. The answer is either like zero or 25%. You're either not hiring at all or it's probably your single biggest block of time.”
Sam Altman Mar 17, 2017 ▶ 11:27 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
Mar 17, 2017 positive
Insight
Altman: Founders should give 10% equity to first 10 employees
“I think that as a rough guideline, you should aim to give 10% of the company to the first 10 employees.”
Sam Altman Mar 17, 2017 ▶ 18:45 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
Mar 17, 2017
Disclosure
Altman: Most of his best hires lacked prior experience
“Most of the best hires that I've ever made in my entire life have never done that thing before.”
Sam Altman Mar 17, 2017 ▶ 14:44 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
Mar 17, 2017 positive
Assertion Not checkable as stated
Altman: Most successful YC companies were generous with early employee equity
“The YC companies that have done this well, the YC companies that have been super generous with equity to early employees in general are the most successful ones that we funded.”
Sam Altman Mar 17, 2017 ▶ 19:39 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
Mar 17, 2017 positive
Insight
Altman: Founders cannot outsource execution or company culture to a COO
“The way to have a company that executes well is to execute well yourself. Everything in a startup gets modeled after the founders. Whatever the founders do becomes the culture. So if you want a culture where people work hard and pay attention to detail and foc…”
Sam Altman Mar 17, 2017 ▶ 29:36 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
May 1, 2017 positive
Insight
Altman: Founders can ignore non-product tasks until product-market fit
“All of these things are things that are not writing code or talking to users. Which means, with a few exceptions that I'll try to note, you can ignore them until after you have product market fit.”
Sam Altman May 1, 2017 ▶ 0:38 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017
Insight
Altman: Startup productivity drops with the square of employee headcount
“The productivity, I think, goes down with the square of the number of employees, if you don't make an effort, because it's sort of one of these, like, connections between nodes. Every pair of people adds communication overhead. And so if you don't start thinki…”
Sam Altman May 1, 2017 ▶ 16:33 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 positive
Insight
Altman: Startups should consider six-year equity vesting schedules
“I personally like six year Big grants, but six years of vesting, because I think these companies just take a while to build.”
Sam Altman May 1, 2017 ▶ 12:22 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017
Assertion Supported
Altman: 41% of founders in YC's latest batch were foreign-born
“In the last batch, 41% of the founders we funded were born outside the US.”
Sam Altman May 1, 2017 ▶ 40:36 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 negative
Assertion Not checkable as stated
Altman: Spreadsheet cap table mistakes have cost companies tens of millions
“I have seen mistakes that have cost employees or companies tens of millions of dollars because they didn't get this right.”
Sam Altman May 1, 2017 ▶ 12:56 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 negative
Insight
Altman: Founders regret hiring all-male engineering teams for first 20 hires
“The most common place this comes up, honestly, is people that hire, you know, all guys on their engineering team for the first 15 or 20 people. And at that point, you get a culture in place that sort of takes on a life of its own, and most founders that I've s…”
Sam Altman May 1, 2017 ▶ 14:57 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 negative
Insight
Altman: Never start M&A talks unless willing to sell low
“As a general rule, don't start any acquisition conversation, unless you're willing to sell, ah, for a pretty low number.”
Sam Altman May 1, 2017 ▶ 30:04 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 negative
Insight
Altman: Founder psychological swings get worse as a startup grows
“As the company grows, you continue to oscillate. The highs are better, but the lows keep getting worse.”
Sam Altman May 1, 2017 ▶ 26:39 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 negative
Insight
Altman: Best PR hack is skipping agencies to directly contact 3-4 journalists
“I think the biggest PR hack you can do is to not hire a PR firm. Just pick three or four journalists that you develop really close relationships with, that like you, that understand you, that you get. And then you contact them yourself. They will cover every s…”
Sam Altman May 1, 2017 ▶ 32:07 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017
Insight
Altman: The hardest thing in business is repeatable innovation at scale
“I really believe that the single hardest thing in business is building a company That does repeatable innovation and just has this ongoing culture of excellence as it grows. If you look at the examples of this most companies fail here. Most companies do one gr…”
Sam Altman May 1, 2017 ▶ 20:41 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 neutral
Insight
Altman: Scaling issues typically emerge around 25 employees post-PMF
“Most of these things for most companies become important between months 12 and 24. But it's really more about stage than anything else. These are things that usually hit around 25 people, ah, and definitely post product market fit.”
Sam Altman May 1, 2017 ▶ 0:50 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 negative
Insight
Altman: Founders should never outsource core messaging to PR firms
“Never outsource this to your head of marketing or PR firm. You, founders have to figure out what the message of the company is going to be. And once you set that, it kind of sticks. Very hard to change this once the press decides how they're going to talk abou…”
Sam Altman May 1, 2017 ▶ 31:34 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 positive
Insight
Altman: Undocumented startup practices degrade into random oral tradition at scale
“If you write it down and put it up on a wiki or whatever that every employee reads you as the founder get to basically write the law. And if you write this down, it will become law in the company. And if you make everyone read this, as the company hires a hund…”
Sam Altman May 1, 2017 ▶ 8:03 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 negative
Insight
Altman: Founders should never hire a professional CEO
“When should the founders think about hiring a professional CEO? Never. You, if you look at the most successful companies in tech they are run by their founders for a very long time sometimes forever.”
Sam Altman May 1, 2017 ▶ 41:46 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 positive
Insight
Altman: Founders with long-term commitments gain a massive competitive advantage
“Because so few people make an actual long term commitment to what they're building the ones that do have a huge advantage.”
Sam Altman May 1, 2017 ▶ 27:55 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 positive
Insight
Altman: Startups should announce job offers internally before extending them
“I think most companies, even until they get up to say three or 400 employees, should announce every offer on some internal mailing list or something before they make it. Because like half the time you do that, someone in the company will know something good or…”
Sam Altman May 1, 2017 ▶ 14:12 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 neutral
Assertion Supported
Altman: Airbnb took 1,000 days before adoption began trending upward
“In Airbnb's case, it was a thousand days before the graph started taking upward.”
Sam Altman May 1, 2017 ▶ 36:11 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 positive
Insight
Altman: Creating competitive dynamics is the primary driver for closing deals
“The way you get deals done and the way you get good terms is to have a competitive situation. You know, if you don't do this deal with party A, you're gonna do it with party B. It's not always an option, but it usually is. And this is like the single thing tha…”
Sam Altman May 1, 2017 ▶ 34:08 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017 negative
Assertion Not checkable as stated
Altman: Loss of focus is most common post-YC startup failure mode
“The most common post-YC failure case for the companies we fund is that they're incredibly focused during YC on their company, and then after they start doing a lot of other things.”
Sam Altman May 1, 2017 ▶ 29:04 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 1, 2017
Insight
Altman: Startups need diversity of backgrounds, never diversity of vision
“The difference, what you want is you want diversity of backgrounds, but you don't want diversity of vision. Like where companies get in trouble is when they have people that think very differently about what the company should be doing or don't work well toget…”
Sam Altman May 1, 2017 ▶ 37:04 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
May 31, 2017 positive
Insight
Altman: Scaleups must hire for values first, aptitude second, skills third
“My version of this is you want to hire for values first, aptitude second, and skills third. And I think the problem with most executive recruiters is that they reverse that order.”
Sam Altman May 31, 2017 ▶ 13:36 From Startup to Scaleup | Sam Altman and Reid Hoffman · Y Combinator
May 31, 2017
Insight
Altman: The best founders evaluate employees on training their own replacements
“The very best founders that we've worked with, ah, one of the things that they always evaluate their people on is how good have they been at training their replacements? How good are they at, you know, on a moment's notice being able to move to a next role? Be…”
Sam Altman May 31, 2017 ▶ 9:44 From Startup to Scaleup | Sam Altman and Reid Hoffman · Y Combinator
May 31, 2017
Insight
Altman: Culture decks are only valuable if distinct from standard templates
“Ah, and so I think this is a worthwhile exercise, and it's good to do, but only to the extent that what you say is different from what other people would say. And trying to figure that out is really important, and what, honestly, what most companies find when …”
Sam Altman May 31, 2017 ▶ 25:41 From Startup to Scaleup | Sam Altman and Reid Hoffman · Y Combinator
May 31, 2017
Insight
Altman: Leaders who eliminate all chaos never build great companies
“People that run these perfectly non-chiotic organizations somehow never build great companies. So, so the trade-off is we're going to accept a little bit of chaos in exchange for a shot at one of these massive great companies, and founders just have to sell th…”
Sam Altman May 31, 2017 ▶ 11:19 From Startup to Scaleup | Sam Altman and Reid Hoffman · Y Combinator
May 31, 2017
Insight
Altman: Evaluate hires by their net effect on total organizational output
“The general framework That I think about when building, when adding people to a team, which is I think what defines culture, is what is going to be this person's net effect on the output vector of the organization? And there are people who are brilliant and ca…”
Sam Altman May 31, 2017 ▶ 20:26 From Startup to Scaleup | Sam Altman and Reid Hoffman · Y Combinator
May 31, 2017 negative
Insight
Altman: Splitting the difference between capital conservation and blitzscaling is dangerous
“People are always tempted to do this halfway, and I think, like, you should, that the entire company should be aligned, like, are we in the mode where we are testing, are we in the mode where we're trying to make things work, are, and testing growth channels, …”
Sam Altman May 31, 2017 ▶ 33:29 From Startup to Scaleup | Sam Altman and Reid Hoffman · Y Combinator
Jan 24, 2018 positive
Insight
Chaudhary: At 25 employees, the founder's role shifts to building culture
“You get to about 25 people and your job shifts from building the product to building the culture, and it kind of stays there. And that's so true, right?”
Sam Chaudhary Jan 24, 2018 ▶ 33:48 It's Surprising How Much Small Teams Can Get Done - Sam Chaudhary of ClassDojo · Y Combinator
Feb 23, 2018 negative
Opinion
Altman: Tech conferences and vanity trips are huge time-wasters for founders
“So like going to conferences, going to like Necker Island or something, you know, these things end up being huge time wasters, and they, and, but they feel they're fun, and they superficially feel like important networking or something.”
Sam Altman Feb 23, 2018 ▶ 57:52 Uncut Interview with Sam Altman on Masters of Scale [Audio] · Y Combinator
Feb 23, 2018
Insight
Altman: Excelling at product matters more than perfecting secondary startup operations
“You only have to do really well at a few things to do well, and you can do badly at a lot of things, but if you don't do well at those few things, it doesn't matter how well you do everything else, and so what you don't want to be is the founder that gets ever…”
Sam Altman Feb 23, 2018 ▶ 57:20 Uncut Interview with Sam Altman on Masters of Scale [Audio] · Y Combinator
Feb 23, 2018
Assertion Not checkable as stated
Altman: Operating without structure collapsed when YC reached 30-40 people
“Initially tried to sort of just have no structure at all. And that would have worked if we had stayed at like 10 people working at YC, which is what it was when I took over. Falled apart, fell apart pretty quickly at 30, 40 people, something like that.”
Sam Altman Feb 23, 2018 ▶ 18:45 Uncut Interview with Sam Altman on Masters of Scale [Audio] · Y Combinator
Feb 23, 2018 neutral
Insight
Altman: Young founders often fail to evaluate whether their market supports a giant company
“And then the other thing that I think I got wrong, and 19 year old starting companies often get wrong, is because they evolve fairly organically from projects, you never take the time to realize, like, wow, this has become, you know, all of a sudden I'm runnin…”
Sam Altman Feb 23, 2018 ▶ 4:52 Uncut Interview with Sam Altman on Masters of Scale [Audio] · Y Combinator
Feb 23, 2018 negative
Disclosure
Altman: Passing on follow-on rounds over price is his biggest investing error
“The painful one is the other kind of error where you're like, you know, this company's gonna suck, and then it goes on to be really successful. And the most painful version of that of all for me is when I'm already an investor in the company, they ask me to pu…”
Sam Altman Feb 23, 2018 ▶ 55:41 Uncut Interview with Sam Altman on Masters of Scale [Audio] · Y Combinator
Feb 23, 2018
Disclosure
Altman invested $15,000 in Stripe with only $17,000 in his bank account
“I remember, like, in 2000, I guess it was 2010 I invested in Stripe, and I had, like, 17,000 dollars in my bank account at the time, maybe 2009, and I invested, like, 15,000 of that into Stripe, and, you know, it was, like, for a meaningful percentage of the c…”
Sam Altman Feb 23, 2018 ▶ 9:20 Uncut Interview with Sam Altman on Masters of Scale [Audio] · Y Combinator
Feb 23, 2018 positive
Insight
Altman: Nothing replaces the combination of working smart and long hours
“I, you know, you can, people talk about working smarter all they want. There's nothing that makes up for, like, working smarter and a lot of hours.”
Sam Altman Feb 23, 2018 ▶ 40:48 Uncut Interview with Sam Altman on Masters of Scale [Audio] · Y Combinator
Feb 23, 2018 neutral
Insight
Altman: Founders cannot expect employees to match their 100-hour workweeks
“If you're the founder of the company, and you want to work a hundred hours a week, and be super focused and productive, that's cool, but like, most other people you hire, especially as you get bigger, have other lives, and, ah, you need to understand that.”
Sam Altman Feb 23, 2018 ▶ 4:21 Uncut Interview with Sam Altman on Masters of Scale [Audio] · Y Combinator
Feb 23, 2018
Disclosure
Altman leaves 50% to 60% of his schedule open for YC founders
“Because YC is a services organization, I've just accepted that I'm going to be very interrupt driven, and that most of my time is going to be dynamically responsive to our companies that need help, and I just accept that I, I'm going to, that's our fundamental…”
Sam Altman Feb 23, 2018 ▶ 39:59 Uncut Interview with Sam Altman on Masters of Scale [Audio] · Y Combinator
Feb 23, 2018 positive
Insight
Altman: Failing a startup while young and broke carries almost no downside
“You know, you're like a poor college student with no money and no reputation, and if you do a startup and fail, you're like two years older with no money and no reputation, and it's fine. It's actually much harder to wait and, you know, let your life ramp up a…”
Sam Altman Feb 23, 2018 ▶ 3:38 Uncut Interview with Sam Altman on Masters of Scale [Audio] · Y Combinator
Mar 6, 2018
Disclosure
Altman: Best investments either lacked other investors or felt incredibly expensive
“The very best investments I've made have either been a ridiculous deal because no one else wanted to invest, or a deal that felt incredibly expensive. The more I was willing to sort of overpay in my mind to invest in a company, often the better it did.”
Sam Altman Mar 6, 2018 ▶ 12:41 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018
Insight
Altman: It is easier today to start a hard company than an easy company
“Speaking of the really big companies, I think, I don't know if this was always true, I suspect it may have been, but I think today, it is easier to start a hard company than an easy company.”
Sam Altman Mar 6, 2018 ▶ 14:39 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018
Insight
Altman: Ability to recruit potential founders is a vital, overlooked filter
“Is this a company that I believe will be able to recruit hundreds of really talented people who could otherwise start their own companies? Is a super important filter that I don't think people think about enough.”
Sam Altman Mar 6, 2018 ▶ 15:26 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018
Insight
Altman: Real tech trends feature intense daily usage and organic advocacy
“A real trend is one where although not that many people are participating yet, the people who are use the platform a lot every day and tell their friends spontaneously how great it is.”
Sam Altman Mar 6, 2018 ▶ 26:14 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018 positive
Insight
Altman: Great communication skills are typical among super successful startup founders
“If you don't have really strong communication skills, or if you don't develop them quickly, you're at a big disadvantage. Think about, there are obviously famous exceptions to this, but if you think about it on the whole, the founders of the really super succe…”
Sam Altman Mar 6, 2018 ▶ 18:03 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018
Insight
Altman: Most startup value comes from earnings in years 10 through 12
“Almost all of the value in a startup is the, you know, revenue, the earnings it's gonna generate in years, 1011, and 12 from now.”
Sam Altman Mar 6, 2018 ▶ 34:07 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018
Disclosure
Altman writes confidence intervals on Post-its behind every stock certificate
“I write on the back of every stock certificate on a post-it note my confidence interval and what I thought was going to happen with the company.”
Sam Altman Mar 6, 2018 ▶ 2:54 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018 negative
Assertion Not checkable as stated
Altman: Every expected YC success that failed lacked a mission-driven founder
“If we look at our own success and failures in our portfolio of YC, ah, every time we thought a company was going to go really well and didn't the company, the founder, did not have this deep sense of mission.”
Sam Altman Mar 6, 2018 ▶ 21:51 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018
Insight
Altman: Humans lack evolutionary intuition for exponential startup growth
“Human intuitions about exponential growth are terrible. We clearly had no evolutionary need for this. We can, like, visualize linear growth very well. We can, like, you know, visualize the trajectory of an arrow very well. We, very few people that I have met, …”
Sam Altman Mar 6, 2018 ▶ 32:09 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018 positive
Insight
Altman: Seed investors must evaluate founder growth rate, not current polish
“If you look at a founder who comes to meet you for a seed round and compare that founder to Brian Chesky, you'll be disappointed a hundred percent of the time. That is the wrong comparison. You will never write a check. However just like startups, you look at …”
Sam Altman Mar 6, 2018 ▶ 19:39 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018 negative
Assertion Not checkable as stated
Altman: Never made substantial money backing mediocre founders with good businesses
“I've, I have never once made a lot of money backing a founder that I thought was only okay, but a business that was otherwise good.”
Sam Altman Mar 6, 2018 ▶ 22:40 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018 negative
Insight
Altman: Founders focused on startup scene and parties are a red flag
“There are increasing number of people who just, like, want to be around startups and go to startup parties and talk about being a founder. Treat that as a red flag.”
Sam Altman Mar 6, 2018 ▶ 22:57 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018
Insight
Altman: Founders often voluntarily reveal unethical behavior in brief interviews
“Even in our 10 minute interview, if you give like a founder a chance to sort of tell you about the unethical things they do, they will often do it. And Yeah, surprisingly often.”
Sam Altman Mar 6, 2018 ▶ 38:12 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018 bearish
Opinion
Altman in 2018: Virtual reality isn't a trend because headsets sit unused
“If you contrast that to virtual reality, everyone talks about it as the next trend. It may be in the future. But today, if you talk to people who have VR headsets they don't use them every hour. They don't use them every day. Most of them don't use them every …”
Sam Altman Mar 6, 2018 ▶ 27:15 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018 positive
Insight
Altman: Startup investing can be improved rapidly through deliberate practice
“If you treat this as something that you're gonna try to get better at, and sort of deliberately practice you can learn a lot, and you can get better at this really quickly.”
Sam Altman Mar 6, 2018 ▶ 3:13 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018
Disclosure
Sam Altman: Only criterion for investing is potential to reach $10 billion
“I will consider anything that I believe could be a ten billion dollar company. And that is such a tight criteria. I have no other rules. So I am willing to look at any stage. I'm willing to look at any sector. I am willing to look at any business model.”
Sam Altman Mar 6, 2018 ▶ 13:58 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018 positive
Assertion Not checkable as stated
Altman: Studies show investors should always exercise pro-rata in top-VC uprounds
“Several venture firms have done very sophisticated studies of this, and they've all come to the following conclusion, which is if the company is raising an upround led by a good VC, say a top quartile VC, you should always exercise prorata. And if you do that …”
Sam Altman Mar 6, 2018 ▶ 39:03 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018 neutral
Insight
Altman: Startup investing resembles addictive slot machines with rare 1000x returns
“Most of the time you lose one extra money, but occasionally you do get to make a hundred or a thousand X, and that for the same reason slot machines are so satisfying, is incredibly addictive.”
Sam Altman Mar 6, 2018 ▶ 2:06 Sam Altman - Startup Investor School Day 1 · Y Combinator
Apr 13, 2018 positive
Insight
Altman: Transformative startups emerge from intersecting trends identified early
“I've noticed that many of the most transformative companies come because the founder sees some, like an intersection of two pretty different, but really important trends a few years before everybody else does.”
Sam Altman Apr 13, 2018 ▶ 9:27 Anne Wojcicki : How to Build the Future · Y Combinator
Aug 7, 2018
Assertion Supported
Ralston: Startup School originated from Sam Altman's Stanford course
“Well, Startup School began a couple of years ago with a course Sam taught online called How to Start a Startup. And last year we evolved it into a course we taught with Stanford called Startup School.”
Geoff Ralston Aug 7, 2018 ▶ 0:13 Geoff Ralston and Adora Cheung Discuss Startup School · Y Combinator
Aug 7, 2018 positive
Disclosure
Ralston: Paul Graham, Jessica Livingston, Sam Altman, and Michael Seibel to speak at Startup School
“Paul Graham and Jessica Livingston will be taking part in the course and giving some of their wisdom, which is also broad need to founders everywhere in the world, but we're also going to have other YC partners. Sam Altman, who's the president of Y Combinator,…”
Geoff Ralston Aug 7, 2018 ▶ 3:46 Geoff Ralston and Adora Cheung Discuss Startup School · Y Combinator
Aug 29, 2018 positive
Insight
Altman: A confident, definite view of the future correlates with founder success
“Another thing that we've noticed among our best founders, again and again and again, is that they are, have a confident and definite view of the future. They may be wrong and so we say it's good to be confident and flexible, but this idea that you are confiden…”
Sam Altman Aug 29, 2018 ▶ 5:36 Sam Altman - How to Succeed with a Startup · Y Combinator
Aug 29, 2018
Insight
Altman: Startups need an evangelical founder to recruit and succeed wildly
“Another thing that startups need, at least one evangelical founder, usually the CEO. Someone at the startup has got to be the person that is going to recruit, sell the product, talk to the press raise money, and this requires someone who can infect with enthus…”
Sam Altman Aug 29, 2018 ▶ 3:32 Sam Altman - How to Succeed with a Startup · Y Combinator
Aug 29, 2018 positive
Insight
Altman: Building a product users spontaneously recommend is 80% of startup success
“If you can build a product that is so good, people spontaneously tell their friends about it, you have done 80% of the work that you need to be a really successful startup.”
Sam Altman Aug 29, 2018 ▶ 0:31 Sam Altman - How to Succeed with a Startup · Y Combinator
Aug 29, 2018 positive
Insight
Altman: Startups need a few prolific idea generators, but not too many
“You need at least some idea generators. There are a handful of people in any company that has gone on to be really successful that I, that I've been able to work with who are just really good at coming up with lots of ideas. You don't want too many of these pe…”
Sam Altman Aug 29, 2018 ▶ 7:48 Sam Altman - How to Succeed with a Startup · Y Combinator
Aug 29, 2018 negative
Insight
Altman: An unexplainable product signals unclear thinking or tiny market demand
“If you can't explain in a few words what you do, and if people don't, if at least some people don't say, oh, that's pretty interesting, that's usually a mistake. It's usually a sign of unclear thinking or a need that is not big enough.”
Sam Altman Aug 29, 2018 ▶ 1:01 Sam Altman - How to Succeed with a Startup · Y Combinator
Aug 29, 2018 positive
Insight
Altman: The best businesses have competitive moats but pretend they do not
“All of the really great businesses I know have an answer to this question. And in fact, the better they are, the more they pretend not to.”
Sam Altman Aug 29, 2018 ▶ 11:35 Sam Altman - How to Succeed with a Startup · Y Combinator
Aug 29, 2018 negative
Insight
Altman: Very few founders spend enough time on recruiting top talent
“I've still Met only a handful of founders, I think, that spend enough time on recruiting, like Mark Zuckerberg is famously one of them.”
Sam Altman Aug 29, 2018 ▶ 6:57 Sam Altman - How to Succeed with a Startup · Y Combinator
Aug 29, 2018 bearish
Opinion
Altman: Virtual reality is a fake trend because buyers rarely use headsets
“A fake trend, or at least a fake trend as of, ah, August, 2018, I would say is VR. I do believe VR will be big someday, but today most people that I know, ah, that own a VR headset use it never or very rarely.”
Sam Altman Aug 29, 2018 ▶ 3:06 Sam Altman - How to Succeed with a Startup · Y Combinator
Aug 29, 2018
Insight
Altman: Real trends feature obsessive early usage; fake trends lack engagement
“Real trends are ones where a new technology platform comes along, and the early adopters use it obsessively and tell their friends how much they love it. A fake trend is one where people may buy the product but don't use it, or at least not enough.”
Sam Altman Aug 29, 2018 ▶ 2:20 Sam Altman - How to Succeed with a Startup · Y Combinator
Nov 8, 2018 positive
Disclosure
Altman: Annual December 31 review ritual reduces daily planning stress
“One specific thing I do, which has sort of become this annual ritual I really like, is December 31st every year, I take a break from vacation, and I, like, sit and I write down what went well the last year, what didn't. I look at, like, how I did on my to-do l…”
Sam Altman Nov 8, 2018 ▶ 3:51 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 positive
Insight
Altman: Taking random meetings pays off despite 90% being wasted time
“One is you take a lot of random meetings, and you accept that 90% of the time you will waste your time and be frustrated with yourself for wasting your time for that one meeting that makes it all worth it net.”
Sam Altman Nov 8, 2018 ▶ 24:55 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 neutral
Disclosure
Altman: Poker winnings funded his college living expenses
“It did not fund my startup, but it funded my, like, living expenses as a college student.”
Sam Altman Nov 8, 2018 ▶ 11:31 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 negative
Opinion
Altman: People obsessed with complex productivity systems rarely move the world forward
“I think this whole, like, productivity porn thing where you have these, like, systems and, like, you know, like, these multivariable charts and three-dimensional whatever's Like, those people never seem to be the people who, like, really move the world forward…”
Sam Altman Nov 8, 2018 ▶ 20:10 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 negative
Insight
Altman: Skimping on sleep is a terrible trade for creative breakthroughs
“If you're trying to like win on really big creative ideas much better off, like cut something, have less of them, whatever. But like for me skimping on sleep, which I have tried at other points in my life is a terrible trade.”
Sam Altman Nov 8, 2018 ▶ 12:29 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 positive
Insight
Altman: Poker and angel investing taught him the most about business
“The things that I think have taught me a lot about, like, Business are poker and angel investing. So I recommend both of those.”
Sam Altman Nov 8, 2018 ▶ 10:45 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 neutral
Insight
Altman: Humans Focus on Short-Term Catastrophes Over Long-Term Chronic Risk
“We're very good at thinking about Short-term catastrophic risk, and we're very bad about thinking about long-term chronic risk.”
Sam Altman Nov 8, 2018 ▶ 16:19 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 negative
Opinion
Altman doubts people who claim they only need four hours of sleep
“These people who claim they only need to sleep four hours a night, it's true. I suspect it's not. I suspect it's not.”
Sam Altman Nov 8, 2018 ▶ 12:10 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 neutral
Prediction Not checkable as stated
Altman: Arrival of advanced AI will make human intelligence less beneficial
“I think one thing that will happen with the sort of arrival of, HEI is intelligence. Like, I got lucky, I got born reasonably smart will be less and less of a benefit.”
Sam Altman Nov 8, 2018 ▶ 32:55 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018
Insight
Altman: Daily cognitive output is a fixed budget easily drained by trivia
“I've at least found for myself, I have like a like fixed budget of cognitive output per day, and I can spend that on whatever, but if I let it go on unimportant stuff, then I never have time to get to the The really important stuff.”
Sam Altman Nov 8, 2018 ▶ 1:55 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 negative
Insight
Altman: Vast Majority of People Try to Discourage High Ambition
“Basically all people, almost like, 98% of people in the world will try to pull you back and say, it seems a little bit too crazy, a little bit too out there, a little bit too ambitious.”
Sam Altman Nov 8, 2018 ▶ 18:32 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 negative
Insight
Altman: The 'deferred life plan' almost never works
“One of the many problems with the deferred life plan is everyone can kind of tell that that's what you're on. And you're not that serious about, you're not that committed to either. And it just never works. I mean, it must work sometimes, but I've seen it fail…”
Sam Altman Nov 8, 2018 ▶ 27:08 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 positive
Insight
Altman: Taking a gap year between jobs was a top career decision
“It's an incredibly privileged thing to be able to do this, but if you are in the position between jobs where you can take a year off, I highly recommend it. I think it was like one of the two or three best career things that I ever did.”
Sam Altman Nov 8, 2018 ▶ 6:34 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018 negative
Insight
Altman: Cutting off inbound from outside your network is disastrous
“I think if you cut it off entirely, it's disastrous. Like, if you don't have any, like, flow of, like, People outside your network with new ideas or just a lot of talent that is under appreciated. It's really bad.”
Sam Altman Nov 8, 2018 ▶ 25:26 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018
Insight
Altman: Explore widely and cheaply, then ruthlessly cut to top projects
“The fundamental pattern that has always worked for me is take time, explore a lot of things, try a lot of things, try to have like a beginner's mind about what will work and what won't work. But trust your intuitions, pursue a lot of things as cheaply and quic…”
Sam Altman Nov 8, 2018 ▶ 4:16 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Nov 8, 2018
Insight
Altman: Project selection requires brutal honesty about what is truly working
“And this is where I think it takes brutal honesty with yourself about which projects are actually working and which you would like to convince yourself are working.”
Sam Altman Nov 8, 2018 ▶ 9:13 Sam Altman on Choosing Projects, Creating Value, and Finding Purpose · Y Combinator
Jan 9, 2019 positive
Insight
Altman: Truly impactful companies require giant vision combined with tactical early steps
“The only recipe I've ever seen work for making really impactful companies is both a giant vision and a good step one, two, and three.”
Sam Altman Jan 9, 2019 ▶ 30:16 Vinod Khosla : How to Build the Future · Y Combinator
Jan 9, 2019 positive
Insight
Altman: Generous equity for early hires creates a massive startup edge
“I think being super generous with early employee equity and getting founder quality people as the first 10 employees I think all the evidence is on the side of doing this, and yet almost no one does, so there's like a huge edge if you're willing to do it.”
Sam Altman Jan 9, 2019 ▶ 25:35 Vinod Khosla : How to Build the Future · Y Combinator
Jan 9, 2019
Assertion Not checkable as stated
Altman: Top-tier hires consistently take at least months to recruit
“The very best people I've ever recruited in different places in my career have all taken at least months to recruit.”
Sam Altman Jan 9, 2019 ▶ 17:31 Vinod Khosla : How to Build the Future · Y Combinator
Nov 8, 2024 positive
Insight
Sam Altman: Startups Gain an Edge Over Big Companies During Tech Revolutions
“Big companies have the edge when things are like moving slowly and not that dynamic. And then when something like this or mobile or the internet or semiconductor revolution happens, or probably like back in the days of the industrial revolution, that was when …”
Sam Altman Nov 8, 2024 ▶ 1:28 How To Build The Future: Sam Altman · Y Combinator
Nov 8, 2024 positive
Insight
Altman: Most of the world undervalues extreme conviction on one bet
“Most of the world still does not understand the value of, like, a fairly extreme level of conviction on one bet.”
Sam Altman Nov 8, 2024 ▶ 21:21 How To Build The Future: Sam Altman · Y Combinator
Nov 8, 2024 bullish
Opinion
Altman: Climate fixes, space colonies, and physics discoveries are not far off
“But I do think all of those things, and probably a lot more we can't even imagine, are maybe not that far away.”
Sam Altman Nov 8, 2024 ▶ 3:24 How To Build The Future: Sam Altman · Y Combinator
Nov 8, 2024 neutral
Insight
Altman: Conviction is essential until empirical data emerges
“Conviction is great until the moment you have data one way or the other. And there are a lot of people who hold on it past the moment of data.”
Sam Altman Nov 8, 2024 ▶ 23:07 How To Build The Future: Sam Altman · Y Combinator
Nov 8, 2024 bullish
Prediction Not checkable as stated
Altman: AI progress could compound over next nine years toward superintelligence
“I can see a path where the work we are doing just keeps compounding, and the rate of progress we've made Over the last three years, continuous for the next three, or six, or nine, or whatever. You know, nine years would be, like, 3500 days, or whatever. If we …”
Sam Altman Nov 8, 2024 ▶ 2:09 How To Build The Future: Sam Altman · Y Combinator
Nov 8, 2024 neutral
Assertion Not checkable as stated
Altman: Stanford AI lab told students not to work on neural nets
“I went to school to study AI. But at the time I was working in the AI lab, the one thing that they told you is definitely don't work on neural networks. We tried that. It doesn't work.”
Sam Altman Nov 8, 2024 ▶ 35:55 How To Build The Future: Sam Altman · Y Combinator
Nov 8, 2024 bullish
Opinion
Sam Altman: The AI Era Is the Best Time Yet to Start a Tech Company
“I sort of think with each successive major technological revolution, you've been able to do more than you could before. And I would expect the companies to be more amazing and impactful and everything else. So yeah, I think it's the best time yet.”
Sam Altman Nov 8, 2024 ▶ 1:13 How To Build The Future: Sam Altman · Y Combinator
Nov 8, 2024 positive
Opinion
Altman: Ilya Sutskever is a genuine genius and visionary
“He's also, he's extremely smart, like, true, true, genuine genius and visionary, but also he has this incredible presence”
Sam Altman Nov 8, 2024 ▶ 13:11 How To Build The Future: Sam Altman · Y Combinator
Nov 8, 2024 neutral
Assertion Supported
Altman: I wrote OpenAI's early checks before Elon Musk funded scale
“It was definitely helpful that I could just, like, write the early checks for OpenAI, and I think it would have been hard to get somebody else to do that at the very beginning. And then Elon did it a lot at a much higher scale, which I'm very grateful for, and…”
Sam Altman Nov 8, 2024 ▶ 34:56 How To Build The Future: Sam Altman · Y Combinator
Nov 8, 2024 neutral
Insight
Altman: AI startups still need traditional business moats to endure
“It is easy when there's a new technology platform to say, well, because I'm doing some of the AI, the rule, the laws of business don't apply to me. I have this magic technology, and so I don't have to build a moat or a you know, competitive edge or a better pr…”
Sam Altman Nov 8, 2024 ▶ 45:22 How To Build The Future: Sam Altman · Y Combinator
Nov 8, 2024 neutral
Disclosure
Altman: OpenAI initially focused on robotics and gaming agents over LLMs
“I had no idea that language models were going to be the thing. You know, we started working on robots and agents playing video games and all these other things.”
Sam Altman Nov 8, 2024 ▶ 24:47 How To Build The Future: Sam Altman · Y Combinator
Nov 14, 2024 positive
Assertion Not checkable as stated
Friedman: Altman founded OpenAI believing AGI would accelerate all scientific progress
“I remember back when he was starting open AI, one of the things that really motivated him to do it was he believed that when we actually had AGI basically be better at doing science than humans were, and therefore would accelerate the rate of all scientific pr…”
Jared Friedman Nov 14, 2024 ▶ 2:50 Why The Next AI Breakthroughs Will Be In Reasoning, Not Scaling · Y Combinator
Nov 14, 2024
Assertion Not checkable as stated
Gary Tan: Sam Altman directly estimated AGI is 4 to 15 years away
“Seeing him on Monday, he actually directly estimated, you know, between four and 15 years.”
Garry Tan Nov 14, 2024 ▶ 1:26 Why The Next AI Breakthroughs Will Be In Reasoning, Not Scaling · Y Combinator
Nov 14, 2024 bullish
Assertion Not checkable as stated
Friedman: Sam Altman Says OpenAI o2 and o3 Are Not Far Behind
“Sam was just telling us that like O-two and O-three are not far behind.”
Jared Friedman Nov 14, 2024 ▶ 17:54 Why The Next AI Breakthroughs Will Be In Reasoning, Not Scaling · Y Combinator
Jun 21, 2025 bullish
Prediction Not checkable as stated
Altman predicts humanity will achieve unimaginable superintelligence within 20 years
“Look, there, there's a lot you know, in 10 or 20 years, unless something goes hugely wrong, we'll have, like, unimaginable super intelligence, and I'm very excited to see how that goes.”
Sam Altman Jun 21, 2025 ▶ 33:07 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025 positive
Opinion
Altman: AI and robotics enable bringing manufacturing back to the US
“And, you know, like, AI and robotics does give us a new possibility of a way to bring manufacturing back here and to bring sort of these complex industries here in a really important new way. And I would say that's at least worth trying.”
Sam Altman Jun 21, 2025 ▶ 13:15 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025
Disclosure
Altman: OpenAI started with no product ideas, revenue, or revenue expectations
“We were trying to, like, play video games, and we had this little robotic hand that could sort of barely do a Rubik's Cube, and we had no ideas for products, no revenue, no really idea that we were ever going to have revenue, and we were, like, sitting around …”
Sam Altman Jun 21, 2025 ▶ 2:03 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025 positive
Opinion
Altman: AI enables the third major computing interface revolution, led by Jony Ive
“I think we've only had kind of two big revolutions in computer interfaces, really, in the last, like, 50 years. We had the, you know, keyboard and mouse and screen, and then we had touch and phones, and the opportunity to do a new one doesn't come along that o…”
Sam Altman Jun 21, 2025 ▶ 22:03 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025 neutral
Disclosure
Altman: Never Looked at Colleges or Big-Tech Resumes for YC Applications
“When I was, like, reading YC applications, I would, like, never look at the resume items. You know, you worked at, like, Google, or went to this college, or I never cared. I would always go right to, like, what's the most impressive stuff you've done, and then…”
Sam Altman Jun 21, 2025 ▶ 31:33 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025 negative
Assertion Partly supported
Elon Musk emailed OpenAI saying it had zero percent success chance
“I can say this one because it got publicized in early, not early, a few years into OpenAI, where Elon sent us this really mean email. We'd been working through that for a while and said we had a zero percent chance of success. Like, not 0.10, that we were tota…”
Sam Altman Jun 21, 2025 ▶ 17:50 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025
Disclosure
Altman: Founding team came very close to not starting OpenAI
“Like, there, we got very close to not starting OpenAI.”
Sam Altman Jun 21, 2025 ▶ 0:45 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025 neutral
Opinion
Altman: AI is somewhat mainstream, but most users only see basic chatbots
“I think AI is, like, somewhat mainstream right now. I, the negative, the way that it's not is most people still think of AI as ChatGPT, and a lot of people use ChatGPT, but they use it like a chatbot, and they have not yet wrapped their head around what's, wha…”
Sam Altman Jun 21, 2025 ▶ 29:00 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025 bullish
Prediction Not checkable as stated
Altman: OpenAI's open-source model will run locally and surprise people
“I think it will be, like, much better than you're hoping for, and the ability to, like, use it to run incredibly powerful models locally is gonna, like, really, really surprise people on what's possible.”
Sam Altman Jun 21, 2025 ▶ 5:53 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025 bullish
Disclosure
Altman: OpenAI has an open-source model releasing soon
“We have an open source model coming out soon.”
Sam Altman Jun 21, 2025 ▶ 5:42 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025 bullish
Assertion Supported
Altman: OpenAI's o3 model cost dropped by 5x in one week
“And also, like last week, O-three cost five times as much as it did this week, and that's gonna keep going.”
Sam Altman Jun 21, 2025 ▶ 5:30 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Jun 21, 2025 bullish
Prediction Not checkable as stated
Altman predicts small teams will achieve step-function productivity gains from AI
“One of the things that will feel most different about These next 10 years versus these last 10 years is how much a single person or a small group of people with a lot of agency can get done, and that is a bigger deal than it sounds like because coordination co…”
Sam Altman Jun 21, 2025 ▶ 26:05 Sam Altman: The Future of OpenAI, ChatGPT's Origins, and Building AI Hardware · Y Combinator
Aug 8, 2025 positive
Opinion
Field: Critics should not dismiss Sam Altman and Jony Ive's hardware collaboration
“Sam is one of those people that, you know, he's right about a lot of stuff, so I would encourage you if you just dismissed it outright, To ask yourself what you might be missing.”
Dylan Field Aug 8, 2025 ▶ 16:21 Dylan Field: Scaling Figma and the Future of Design · Y Combinator
Dec 3, 2025 positive
Opinion
Skates: OpenAI's Sam Altman is the best salesperson of this generation
“I think Sam Altman is the best salesperson of this generation by no bar none.”
Spencer Skates Dec 3, 2025 ▶ 12:01 How Amplitude Went From Skeptics to “All In” on AI · Y Combinator
Apr 25, 2026
Assertion Not checkable as stated
Massad: Replit was rejected from YC multiple times before Graham and Altman invited them
“We got rejected from YC four, three or four times, and then we got invited to do YC because Paul and Sam saw us on Hacker News.”
Amjad Masad Apr 25, 2026 ▶ 22:05 Replit's CEO On The Only Two Jobs Left In The Company Of The Future · Y Combinator
Jul 28, 2026 bullish
Prediction Not checkable as stated
Altman: Startups founded today will produce future trillionaires
“I bet there's some future trillionaires sitting in this room, and I would bet that the startups created today will be much more valuable, much more impactful than startups of the past”
Sam Altman Jul 28, 2026 ▶ 8:47 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 positive
Prediction Not checkable as stated
Altman: The Bay Area remains the best place to find co-founders
“Like, I think, I don't know if this is still gonna be true for the next 10 years. I suspect it will be, but the best thing you could do if you wanted to, like, find your people to do a startup with was to move to the Bay Area. You just, like, magic happened. Y…”
Sam Altman Jul 28, 2026 ▶ 16:50 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 bullish
Prediction Not checkable as stated
Altman: Next six months will match prior two years of AI progress
“I think there will, I think it will feel like the next six months is like maybe equivalent to the last two years of model progress, something like that.”
Sam Altman Jul 28, 2026 ▶ 30:52 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 bullish
Opinion
Altman: Today is the best time in history to build startups
“I think this is gonna be the best time in the world to do a startup, and it's gonna be quite amazing to see.”
Sam Altman Jul 28, 2026 ▶ 0:28 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 negative
Opinion
Altman: AI loss-of-control accidents are not entirely theoretical
“Loss of control, accidents are not entirely theoretical things.”
Sam Altman Jul 28, 2026 ▶ 25:57 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 neutral
Insight
Altman: The world misses tech shifts due to misunderstanding exponential growth
“The world does not understand how to intuit exponentials, and so they missed this one.”
Sam Altman Jul 28, 2026 ▶ 14:26 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026
Assertion Not checkable as stated
Altman: Met co-founder Brockman while recruiting him to Stripe
“I met Greg Brockman my co-founder, OpenAI, because I was a very early investor in Stripe when I was, like, I don't know, 22 or something, and they were, like, this was before they had, you know, like, real investors that could really help them, and they said, …”
Sam Altman Jul 28, 2026 ▶ 18:43 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 bullish
Insight
Altman: Demand for low-cost high-quality intelligence is effectively uncapped
“It seems to me like the demand for sufficiently high quality intelligence at a sufficiently low price is effectively uncapped.”
Sam Altman Jul 28, 2026 ▶ 34:26 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 neutral
Disclosure
Altman: OpenAI must avoid imposing its worldview on AI users
“And that means that we have to, you know, be fairly quite reserved about not imposing our worldview about what we think people should or shouldn't do with AI, or even what we think the good ideas are, while still making sure that we can ensure enough of a safe…”
Sam Altman Jul 28, 2026 ▶ 28:44 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 bullish
Prediction Not checkable as stated
Altman: In 6.5 years, average person will use 500B tokens monthly
“If that happens again, which I think it probably will, then in another six and a half years, the average person uses, let's say, five hundred billion tokens a month, and the token leader uses a quadrillion, or quadrillions of tokens a month.”
Sam Altman Jul 28, 2026 ▶ 35:46 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 positive
Opinion
Altman: Paul Graham is the most important force in modern startups
“I think Paul Graham is probably the most important force in startups of the last few decades.”
Sam Altman Jul 28, 2026 ▶ 1:59 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 negative
Disclosure
Altman: OpenAI made big mistakes in Hugging Face incident, an alignment failure
“Here are the mistakes that OpenAI made, and we did make some big ones, of course, but these systems have gotten incredibly capable. So I think it's an alignment failure. I think it's a security failure. I think it's like a very serious thing, even though it's,…”
Sam Altman Jul 28, 2026 ▶ 25:32 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 positive
Assertion Not checkable as stated
Altman: AI agents build in seven minutes what took startups three months
“What took three months to build at the time that we, each company built over the whole YC startup, could now be done with, like, in, like, seven minutes by a coding agent”
Sam Altman Jul 28, 2026 ▶ 1:07 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
Jul 28, 2026 negative
Opinion
Altman: Overreacting to AI safety risks creating a zero-agency surveillance dystopia
“One dystopia that I'm particularly nervous about 10 years from now is we overreact to AI safety, and so we say, look, everyone, you're gonna get a cure for cancer, you're gonna have material abundance, but you will have no freedom, you will have no agency, it …”
Sam Altman Jul 28, 2026 ▶ 36:58 Sam Altman: "Never a Better Time to Do a Startup" · Y Combinator
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