A biography for Sam Altmanhasn’t been written yet.
“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.”
“The Loopt mobile app is all about giving you the latest local deals and insider tips.”
“All companies that grow really big do so in only one way: people recommend the product or service to other people.”
“Loopt isn't a service that keeps you locked in, staring at your screen.”
“All throughout my life I have been deeply immersed in startups, either because I was running one or investing in them or helping them.”
“The way to build billion dollar companies is to first build something people love. There isn't really a shortcut there.”
“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.”
“Facebook and Instagram are spiritual brothers.”
“One thing that founders always underestimate is how hard it is to recruit.”
“People hate searching.”
“Whoever Boost works with, Sprint will work with. And whoever Sprint works with, Verizon and AT&T will as well.”
“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.”
“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.”
“Virgin America flyers tend to be more likely to be using a mobile device and tapping social networks - even at 35,000 feet.”
“Startups on the inside are always badly broken.”
“Move fast. Speed is one of your main advantages over large competitors.”
“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.”
“People appreciate when you make an effort to speak their language.”
“Set a clear, easy-to-understand vision for your company, and make it be a mission people believe in.”
“The market for local advertising is in the billions.”