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Employee Retention - Sam Altman

blog.samaltman.com · 1,057 words · saved by 1 readers

When it comes to everything that's not building a great product and getting users, most founders think fundraising is going to be their biggest challenge. And it is, until they raise money, and...

When it comes to everything that's not building a great product and getting users, most founders think fundraising is going to be their biggest challenge. And it is, until they raise money, and then it's hiring. Hiring is so hard that founders think nothing else will be harder. But then comes a bigger challenge--employee retention. A reasonably common failure mode for startups is to do a great job recruiting the first ten or so employees and then have many of them leave after 18 months. Companies build value over very long periods of time, and it's important to have an organizational memory in

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