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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: OpenAI's Sam Altman and Brad Lightcap on The Future of Foundation Models: Will They Be Commoditised | How to Solve the Problem of Compute | Open vs Closed: Which Dominates and Why | Which Companies and Verticals Will Be Steamrolled by OpenAI

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Sam Altman and Brad Lightcap on Hiring for Experience in OpenAI

Hiring for experience versus hiring newcomers who bring creativity and innovation can impact team dynamics. While experienced hires offer valuable perspective, groundbreaking ideas often originate from diverse and unexpected sources within the team. Maintaining a flat hierarchy where all voices are heard equally fosters creativity and decision-making. In OpenAI, the leadership team comprises individuals in their 30s and 40s, while technical personnel tend to be slightly older than the industry average, reflecting a unique path to excellence in research. The nature of OpenAI's technology being in a new category necessitates unconventional problem-solving approaches, making extensive experience not always advantageous. In novel industries like crypto, both younger and older individuals can wield significant influence. Ideally, individuals at OpenAI are chosen based on suitability for the role and impact rather than a strict focus on experience.

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