Altman: Splitting the difference between capital conservation and blitzscaling is dangerous
Sam Altman · From Startup to Scaleup | Sam Altman and Reid Hoffman · Y Combinator · May 31, 2017 · at 33:29
Sam Altman discusses internal company alignment when deciding whether to scale aggressively at a scaleup gathering.
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“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, in which case we can do some things, ah, but we're still gonna try to be really efficient, conserve capital, hire reasonably slowly, or are we in the mode where we got things to work and we know what to do, and we are now going to, like, Spend money at an unreasonable rate because there's this time period, and I think it's really dangerous to be in the middle zone, and it's also really dangerous to have some people in the company think you're in one, or some people think you're in the other.”
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