- Feet
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- Nov 07, 2020
Sam Altman Quotes
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- Last Updated on May 30, 2021
- App
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- Nov 07, 2020
The Loopt mobile app is all about giving you the latest local deals and insider tips.
- Money
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- Nov 07, 2020
One of the things we urge Y-Combinator companies to do is to have profitability in grasp. If you need to get profitable before your A round of money, you ought to be able to do that.
- Future
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- Nov 07, 2020
I believe in the future, and to be a good investor, you have to believe in the future.
- Discipline
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- Nov 07, 2020
That culture of frugality and discipline is really important for the Y Combinator mindset.
- Background
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- Nov 07, 2020
Background updating is absolutely the future.
- Progress
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- Nov 07, 2020
You shouldn't try to manufacture progress.
- Feel
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- Nov 07, 2020
It's so important for startups to get their culture right at the start. They need to feel unique and that they are on their own important mission in the world.
- Firm
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- Nov 07, 2020
The way to really scale a venture firm is with software.
- Good
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- Nov 07, 2020
Being a public company is really terrible for most companies. I'd say Facebook and Google have done a pretty good job of standing up to the incredible quarterly pressure to hit numbers, but most companies - and I've observed a lot now - don't do a very good job of that.
- Evil
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- Nov 07, 2020
I think you can say a lot of evil behavior by companies is short-term optimization.
- Out
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- Nov 07, 2020
Many of the companies in the mobile location space are trying to figure out different ways to tie what they're doing to commerce.
- Sprint
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- Nov 07, 2020
Whoever Boost works with, Sprint will work with. And whoever Sprint works with, Verizon and AT&T will as well.
- Look
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- Nov 07, 2020
Very ambitious startups often take a long time to work - or sometimes they take a very long time to look ambitious.
- Money
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- Nov 07, 2020
Generally, you want to raise capital either when you have to or when it's really easy. If the company desperately needs money, and they can't figure out any other way, then they need to raise money. Or if someone's offering you easy money on good terms, you should take it because you can use it for good things.
- Greatness
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- Nov 07, 2020
I love working with really early stage startups where the outcome is still in doubt. Maybe they'll go on to greatness, or maybe they'll never get off the runway at all.
- Great
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- Nov 07, 2020
If you ask a founder how their company is doing, they always say, 'Oh it's great. We're totally crushing it,' and that's almost never true.
- Broken
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- Nov 07, 2020
Startups on the inside are always badly broken.
- Easy
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- Nov 07, 2020
Ideas are cheap and easy, and there are a lot of them.
- Like
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- Nov 07, 2020
Asking what I'd do without Loopt is almost like asking what I would do if I didn't have a smartphone because the feature set has become the norm for me.
- More
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- Nov 07, 2020
I suppose if I didn't have Loopt, I'd have to, I don't know, pick up the phone and just start calling people, a lot more texting and certainly more Googling.
- Never
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- Nov 07, 2020
The biggest part of Loopt is about discovering the world around you, never replacing a social experience - only adding to it.
- Companies
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- Nov 07, 2020
If you go to a paintball subreddit, paintball companies can advertise to you.
- People
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- Nov 07, 2020
The nice thing about Reddit is, we don't have to sell your data or build a profile of you or do stuff that makes people feel uncomfortable.
- Breeds
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- Nov 07, 2020
Anonymity breeds meanness.
- Billions
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- Nov 07, 2020
The market for local advertising is in the billions.
- Concept
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- Nov 07, 2020
The whole concept of rewarding customers is a big trend.
- Get
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- Nov 07, 2020
I don't often get involved with campaigns at all.
- People
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- Nov 07, 2020
All companies that grow really big do so in only one way: people recommend the product or service to other people.
- Good
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- Nov 07, 2020
The only way to generate sustained exponential growth is to make whatever you're making sufficiently good.
- Great
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- Nov 07, 2020
There is a long history of founders returning to companies and doing great things. Founders are able to set the vision for their companies with an authority no one else can.
- Compassion
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- Nov 07, 2020
The reduction in compassion that happens when we're all behind computer screens is not good for the world.
- Great
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- Nov 07, 2020
If the Reddit community cannot learn to balance authenticity and compassion, it may be a great website, but it will never be a truly great community.
- People
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- Nov 07, 2020
Set a clear, easy-to-understand vision for your company, and make it be a mission people believe in.
- Habit
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- Nov 07, 2020
People are incredible creatures of habit.
- Important
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- Nov 07, 2020
I think that inexpensive sources of planet-friendly energy are one of the most important things for us to pursue.
- Cool
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- Nov 07, 2020
Many founders hire just because it seems like a cool thing to do, and people always ask how many employees you have.
- Nov 07, 2020
Don't hire for the sake of hiring. Hire because there is no other way to do what you want to do.
- Problem
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- Nov 07, 2020
I believe that sexism in tech is a real problem.
- Been
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- Nov 07, 2020
All throughout my life I have been deeply immersed in startups, either because I was running one or investing in them or helping them.
- Easy
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- Nov 07, 2020
It's easy to say, 'I'm going to build something that already exists,' but it's difficult to clearly and succinctly describe something new.
- Need
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- Nov 07, 2020
I don't invest in companies where my mental model is that they need to get themselves acquired in the next few years - or ever.
- People
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- Nov 07, 2020
If you look at people who have an iPhone or Android and are under 40 and are dissatisfied with their bank, it's actually quite a large market.
- Lot
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- Nov 07, 2020
A lot of people don't love their bank.
- Big Ideas
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- Nov 07, 2020
Sometimes people think Y Combinator has big ideas about themes. But really, we just fund the best startups.
- Internet
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- Nov 07, 2020
The crowd's a really powerful force on the Internet, and people finally understand how to harness that.
- Need
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- Nov 07, 2020
Communication services need interoperability to succeed - and Loopt is the first such service since SMS that is available across all major U.S. wireless carriers.
- Kind
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- Nov 07, 2020
Check-ins are cool, but kind of a pain.
- People
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- Nov 07, 2020
People hate searching.
- Companies
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- Nov 07, 2020
Tech companies tend to do tech best.
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- Nov 07, 2020