Sam Altman Quotes
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With Loopt Star, consumers get to tap interactive rewards wherever they may be.
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All the reasons that have made software so successful are beginning to happen with hardware. So much can be done so quickly, prototyped so rapidly, and the costs are so low.
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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.
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The biggest part of Loopt is about discovering the world around you, never replacing a social experience - only adding to it.
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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.
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If you go to a paintball subreddit, paintball companies can advertise to you.
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People always make the mistake of calling an idea small or stupid because they don't understand how it's going to evolve.
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There is a lot of stuff I like. I love backpacking. I love going to an island where I can just sit on the beach and read or scuba dive and sail. I do a lot of that. I still go backpacking around Europe in the summers and staying in hostels. I love that.
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I think you can say a lot of evil behavior by companies is short-term optimization.
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Set a clear, easy-to-understand vision for your company, and make it be a mission people believe in.
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I think that inexpensive sources of planet-friendly energy are one of the most important things for us to pursue.
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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.
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That culture of frugality and discipline is really important for the Y Combinator mindset.
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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.
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I don't think people spend nearly enough time thinking about what they like and what they're good at.
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People appreciate when you make an effort to speak their language.
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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.
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I believe that sexism in tech is a real problem.
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The point of an accelerator is to teach you about companies and business, not about technology.
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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.
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AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies.
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The only way to generate sustained exponential growth is to make whatever you're making sufficiently good.
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Maybe I am a bit unusual here, but I am less stressed if I have my phone with me. Because I can spend like an hour in the morning taking care of everything instead of I sit there and wonder what I missed or wonder what's happening. So it's way less stressful for me to just answer my phone.
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Do I think every culture will embrace location technology? Yes.