4min chapter

Y Combinator Startup Podcast cover image

#9 - Sam Altman and Reid Hoffman - From Startup to Scaleup

Y Combinator Startup Podcast

CHAPTER

Culture in Silicon Valley

I think there are so many different kinds of cultures that can work. You need to create an environment where really great people will want to come, work with each other and not have to deal with the crap that they do at most companies. It's very easy to get entitled people at a company. Everyone wants to be rich right now. If the company is not going to get liquid next year, they're going to go somewhere else. We looked once at the average 10-year employees at companies in San Francisco. And I sort of couldn't believe it was going to get any lower."

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