Sam AltmanVerified account

@sama

SF
blog.samaltman.com
Joined July 2006
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  1. 6 hours ago

    i missed this yesterday, but please watch the McKinney video if you haven't already. absolutely chilling.

    12 retweets 33 favorites
  2. Jun 5

    one of the most costly mistakes in investing is to let people who failed once at an idea talk you out of trying a very similar idea again.

    416 retweets 618 favorites
  3. Jun 5

    The US has ~2% GDP growth with ~0% interest rates. I wonder what growth would look like with 5% rates.

    22 retweets 36 favorites
  4. Jun 5

    i still get asked very frequently what i think about bitcoin. i wrote this 18 mos ago and still feel the same:

    View summary Hide summary 29 retweets 69 favorites
  5. Jun 4

    Here is a graph of 3-month treasury rates over the past 25 years:

    9:11 PM - 4 Jun 2015 · Details
    View photo Hide photo 65 retweets 87 favorites
  6. Jun 4

    got a demo of wolfram language today. one of the most impressive new things I've seen in a long time.

    31 retweets 79 favorites
  7. Jun 4

    that said, we're going to try to continue to fund a lot more hard tech startups at YC, so please keep them coming our way!

    View conversation Hide conversation 8 retweets 45 favorites
  8. Jun 4

    and that the people that complain about this rarely build anything themselves.

    View conversation Hide conversation 5 retweets 48 favorites
  9. Jun 4

    i'm all for the hard tech startups, but i think the "easy" consumer web startups of the last 2 decades have transformed our lives

    View conversation Hide conversation 41 retweets 84 favorites
  10. Jun 4

    "we need to be building more hard startups and less easy web startups", he ranted _on twitter_ all day instead of building a hard co himself

    55 retweets 118 favorites
  11. Jun 4

    does the Facebook "people you may know" feature tend to show people that have searched for you?

    4 retweets 30 favorites
  12. retweeted
    Jun 3

    Here’s something: Uber has 42k drivers in Chengdu China.

    78 retweets 121 favorites
  13. Jun 3

    . then we'll fund them. if not, then we part as friends. happens both ways.

    View conversation Hide conversation 1 retweet 6 favorites
  14. Jun 3

    . when investors don't do it, we tell the company if they can get a supermajority of investors to agree to a workable cap table

    View conversation Hide conversation 3 retweets 5 favorites
  15. Jun 3

    something together that turned out not to work, and everyone is trying again). as long as investors do this, we never ask for changes.

    View conversation Hide conversation 3 retweets 3 favorites
  16. Jun 3

    . believe investors should re-up the founders, otherwise the company gets put in untenable shape (i.e. everyone signed up for

    View conversation Hide conversation 1 retweet 3 favorites
  17. Jun 3

    . i.e. something like 40%+ ownership. this usually only happens through multiple pivots, and in each pivot round i strongly

    View conversation Hide conversation 1 retweet 4 favorites
  18. Jun 3

    . we only ever do that in situations where the investors own so much of a company pre-series-A that we think it will be unfundable

    View conversation Hide conversation 2 retweets 8 favorites
  19. Jun 3

    every time I visit this office and hang out with , I want to work at

    1:11 PM - 3 Jun 2015 · Details
    View photo Hide photo 37 retweets 175 favorites
  20. Jun 3

    and if you don't, no amount of networking, press, coffee-grabs, conferences, strategy sessions, lawyer interviews, etc will save you.

    View conversation Hide conversation 85 retweets 151 favorites

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