Compounding exponentials are magic
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A list of truths from Sam Altman, relevant to startups
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Incentives are superpowers 1 0 2Fast iteration can make up for a lot 1 0 2Scale often has surprising emergent properties 1 0 2You really want to build a business that gets a compounding advantage with scale 1 0 2Work that compounds can lead to exponential growth 1 0 2Being prolific increases the chance of discovering something new 1 0 2Starting with something small and evolving it can lead to great outcomes 1 0 2Inexpensive products tend to become more powerful over time, eventually outperforming high-end products 1 0 2Fast growth makes startups attractive investments 1 0 2A community of talented individuals working on related problems is extremely powerful 1 0 2