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Sam Altman got $75M from the University of Michigan for a new VC fund

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Re: Sam Altman got $75M from the University of Michigan for a new VC fund

#3

Can someone explain how Sam is able to run so many things at once? I am working on my startup and I barely find time to scroll HN during my toilet breaks.

Most likely just delegates everything. It’s not possible to actually “run” large operations without effective delegation.

Re: Sam Altman got $75M from the University of Michigan for a new VC fund

#4

Can someone explain how Sam is able to run so many things at once? I am working on my startup and I barely find time to scroll HN during my toilet breaks.

Your jobs are to found the company and Be The Founder, just imagine how many more companies you could found if you had people to do the former. (See also: Elon Musk.)

Re: Sam Altman got $75M from the University of Michigan for a new VC fund

#5
post #3

Can someone explain how Sam is able to run so many things at once? I am working on my startup and I barely find time to scroll HN during my toilet breaks.

Most likely just delegates everything. It’s not possible to actually “run” large operations without effective delegation.

like having a very visible/active chairman of the board.

Re: Sam Altman got $75M from the University of Michigan for a new VC fund

#6

Can someone explain how Sam is able to run so many things at once? I am working on my startup and I barely find time to scroll HN during my toilet breaks.

he makes a few high level decisions a week/maybe less. hes never actually on the grind

Re: Sam Altman got $75M from the University of Michigan for a new VC fund

#7

Can someone explain how Sam is able to run so many things at once? I am working on my startup and I barely find time to scroll HN during my toilet breaks.

He is just the face. He gets paid for bringing attention and creating a forward momentum to the companies. He has access to highly placed individuals too and that’s more important than you building an actual product in our economy.

Re: Sam Altman got $75M from the University of Michigan for a new VC fund

#8

Can someone explain how Sam is able to run so many things at once? I am working on my startup and I barely find time to scroll HN during my toilet breaks.

Lets go back to the beginning of YC. You can find a photo of the very first class. In that very first class, you'll see the AirBnb guys, the Twitch guys, the Reddit founders, and Sam frickin Altman. When you have 18 years of connections with virtually every successful YC startup, and happen to run the most disruptive company of the past 15 years, money and influence seeks you out.

Re: Sam Altman got $75M from the University of Michigan for a new VC fund

#9

Can someone explain how Sam is able to run so many things at once? I am working on my startup and I barely find time to scroll HN during my toilet breaks.

You’re doing it wrong. You need to get other people to do the actual work while you go out and get yourself involved in more things.

Re: Sam Altman got $75M from the University of Michigan for a new VC fund

#10
post #8

Can someone explain how Sam is able to run so many things at once? I am working on my startup and I barely find time to scroll HN during my toilet breaks.

Lets go back to the beginning of YC. You can find a photo of the very first class. In that very first class, you'll see the AirBnb guys, the Twitch guys, the Reddit founders, and Sam frickin Altman. When you have 18 years of connections with virtually every successful YC startup, and happen to run the most disruptive company of the past 15 years, money and influence seeks you out.

Good answer. He basically fostered a reputation for having access to the connections you need. Same time, that don't mean he'll entertain any old idea. I thought he was lunatic for taking over at OpenAI and thought their idea was crazy. But he knew better than me.
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