Sam Altman Quotes

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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...

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.

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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.

Startups on the inside are always badly broken.

Ideas are cheap and easy, and there are a lot of them.

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.

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.

Loopt isn't a service that keeps you locked in, staring at your screen.

The biggest part of Loopt is about discovering the world around you, never replacing a social experience - only adding to it.

If you go to a paintball subreddit, paintball companies can advertise to you.

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.

I grew up with a computer, and many of my friends were people I met online.

Anonymity breeds meanness.

Traditional local advertising is not what retailers want. They want not just for you to see an ad - they want you to come into the store, to be a repeat customer and to spread the word.

The market for local advertising is in the billions.

The whole concept of rewarding customers is a big trend.

If you wanted to build an Internet startup in 2005, you had to buy your own servers and hire someone to manage it. Now, that's unheard of.

I don't often get involved with campaigns at all.

All companies that grow really big do so in only one way: people recommend the product or service to other people.

The only way to generate sustained exponential growth is to make whatever you're making sufficiently good.

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