Sam Altman Quotes

I would like to see additional funding for entrepreneurial development programs.

Loopt wouldn't have happened without Y Combinator.

Sometimes people think Y Combinator has big ideas about themes. But really, we just fund the best startups.

We have a mentoring and angel investing programme. We are also talking to the government to help create a VC industry.

I like most of the venture capitalists I know; they're smart, well-intended guys who genuinely enjoy helping entrepreneurs succeed. And I love venture capital and investment capital of all categories - its economic impact is proven. The more of it the better.

Venture capital has done much more, I think, to improve efficiency than anything.

I like the strategy of finding great entrepreneurs early, giving them some money, helping them a little - perhaps not as much as we would a regular core investment.

I think you need to have a very strong angel community that is committed to mentoring up-and-coming entrepreneurs.

I don't think a lot of people have been entrepreneurial about venture capital.

If you're an entrepreneur, and you have a choice to go to a place where there are 250 VC firms or somewhere else where there might be one or two, you're gonna go where all the money is.

I think 'Shark Tank' is targeting companies that are really trying to raise their very first dollar. A lot of them aren't really tech focused. We're definitely going after companies that are building real technology, either software or hardware, they probably have raised a couple hundred thousand already.

State funds, private equity, venture capital, and institutional lending all have their role in the lifecycle of a high tech startup, but angel capital is crucial for first-time entrepreneurs. Angel investors provide more than just cash; they bring years of expertise as both founders of businesses and as seasoned investors.

Seed stage is an investment area that is really important for early stage startups. It feels like there is a need for trusted, experienced people to work with and to guide startups at this level.

I'm hard-pressed to think of companies that don't need venture capital that are going after big opportunities. I think, in almost all cases, if they're going after big opportunities, they are going to need to raise quite a bit of money.

Nominally, I stated a company. Practically, it's a venture capital firm that allows me to be an investor in early stage companies.

The great danger of dealing with venture capitalists is the 'slow maybe'.

There is a lot more young Indian entrepreneurs can do if they are given the money. They have the idea, and I would just like to help them realise it.

... We probably funded a rate of something like one out of ten solo teams.

Good ideas will always get funded, so that's not going to be a problem. But you will see that it will be harder and harder for bad ideas to get funded.

Learn to raise capital by any means necessary. That's your primary job as an entrepreneur. You must continually raise capital from family and friends, banks, suppliers, customers and investors.

Good companies are always fundraising. Whether you're meeting people or considering firms, you're always fundraising.

Startups are constantly raising money, sometimes before they have even hired a lawyer.

I'm a venture capitalist. I like to say my job is to help and support entrepreneurs. I can play a leadership role, but my organization can't be the leader.

In 2016, you no longer have to be in Silicon Valley to launch a successful startup. Colorado is home to many.

I don't know the venture fund terms. I don't know what a seed round is. I want nothing to do with it.