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Sam Altman
@sama
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SF
blog.samaltman.com
Joined July 2006
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Sam Altman
@sama
24 Apr 2014
fred wilson absolutely nails it:
avc.com/2014/03/the-bubble-q…
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Sam Altman
@sama
24 Apr 2014
bad day for net neutrality. fast lane proposal can maybe sort of sound ok til you remember the overlap between networks and content owners
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Sam Altman
@sama
24 Apr 2014
0 YC interviews down, 340 to go
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Sam Altman
@sama
22 Apr 2014
Replying to
@blakeir
@blakeir
yes
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Sam Altman
@sama
22 Apr 2014
The New Deal
blog.ycombinator.com/the-new…
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Sam Altman
@sama
21 Apr 2014
We're hosting a DNC fundraiser with Obama at Y Combinator. Here's the invitation if you're interested in attending:
scribd.com/doc/219461164/Oba…
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Sam Altman
@sama
21 Apr 2014
Replying to
@betashop
@betashop
it had 5 user flags for some reason, not sure why. i think I'm too late for it to matter now but i'll ask dan to remove them.
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Sam Altman
@sama
21 Apr 2014
partner is super awesome, and often works out really well for everyone involved. in effect, you become the first venture investor in the co
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Sam Altman
@sama
21 Apr 2014
and also without any one person doing a lot of up-front DD/analysis. but in contrast, coming on board with a 20% of fund bet as a real
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Sam Altman
@sama
21 Apr 2014
most of these funds end up competing for the same investments and end up at very high prices, without any one person being really committed
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Sam Altman
@sama
21 Apr 2014
bunch of companies at ~1% ownership each for a 5x fund return--its tough. a few high-convinction bets can do it, though.
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Sam Altman
@sama
21 Apr 2014
badly. general advice to these people: concentrate your fund in 5-10 investments, maybe less. build a model of what has to happen with a
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Sam Altman
@sama
21 Apr 2014
crazy number of people are raising angel funds now. i think the common strategy (say, 100 200k investments for a 25MM fund) is likely to do
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Sam Altman
@sama
21 Apr 2014
i think a mobile-only reddit-like service could do really well
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Sam Altman
@sama
20 Apr 2014
Replying to
@fredwilson
@fredwilson
what I think is more likely is that VCs and founders both end up owning less so that employees can own more.
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Sam Altman
@sama
19 Apr 2014
using a new version of HN that renders on mobile!
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Sam Altman
@sama
18 Apr 2014
Employee Equity:
blog.samaltman.com/employee-…
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Sam Altman
@sama
17 Apr 2014
Nevrana is making special hardware for deep learning:
recode.net/2014/04/17/nervan…
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Sam Altman
@sama
16 Apr 2014
The worst part of YC:
blog.samaltman.com/the-worst…
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Sam Altman
@sama
15 Apr 2014
it's pretty amazing how much code
@paulg
wrote while running YC
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