How to Start a Startup - Lecture 2 Notes

September 25, 2014

I’m taking down notes for Sam Altman’s class, How to Start a Startup and I figured I’d start sharing them. This is for the second lecture with the following notes:

Choosing a co-founder

How to Hire

Don’t Hire

How to ACTUALLY Hire

If you’re going to join a startup, pick a “rocketship”. Something that you know is going to be huge, but not everyone realizes yet.

Mediocre engineers do not build great companies

Sources of Candidates

The Animal Test

Employee Equity

How to Fire..

Execution

Jobs of a CEO

Can you get it done: Focus

Can you get it done: Intensity

Growth

Don’t worry about a competitor at all until they’re actually beating you with a shipped product. Don’t get down because of the press.

“The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time.” - Henry Ford