Jack Altman @jaltma Twitter profile

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Jack Altman

29 days

We’re launching something new at Alt! It’s called Generate — a two month program for 10-15 B2B software companies using AI.

Apply to Generate — Summer 2024

A two month program to help B2B software companies using AI grow faster, build teams, and expand their network

www.altcap.com

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Jack Altman

@jaltma

2 years

It’s crazy to me how most of us are now going to spend the majority of our career working remotely, and if it hadn’t been for the pandemic we’d have all just kept going to offices for 8+ hours every day. Makes you wonder what else we’re all doing just because everyone else is.

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Jack Altman

@jaltma

6 months

Events like the holocaust become possible when the idea that Jews shouldn’t defend themselves against terrorism becomes normalized. Nobody wants innocent people to be killed. If you’re calling for a ceasefire, ask yourself: why that instead of calling for hamas to surrender?…

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Jack Altman

@jaltma

2 years

Most people don’t realize just how valuable it is to have a company that retains people for 4 years on average instead of 2. People crush it in years 3 and 4.

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Jack Altman

@jaltma

6 months

To all the people gleefully hating today, please know you’re betting against the wrong guy.

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Jack Altman

@jaltma

1 year

Sam has been sending stuck startups money today with no docs, just saying “send me back whatever you can whenever you can”. What a legend 🥲

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Jack Altman

@jaltma

5 years

Founder: We’re making important software that every business needs. VC: Yeah I just don’t think this can get big. We’ll pass. Founder: We’ll add some AI. VC: Interesting… Founder: System of record. VC: We’re in. Founder: Scooters. VC: We’ll give you a hundred million.

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Jack Altman

@jaltma

4 years

World: To have a successful WFH day, start your day with a shower, coffee, go outside, get some exercise. Have a nice morning and treat it like a normal workday. Me: Wakes up 4 minutes before my first call.

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Jack Altman

@jaltma

2 years

The most dangerous person to have on a team is the person who is persuasive, confident, vocal, opinionated, charismatic...and who just happens to be wrong a lot.

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Jack Altman

@jaltma

3 years

I’m not sure most people realize how much more tiring watching small children all day is compared to most tech jobs.

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Jack Altman

@jaltma

2 years

I have some personal news to share After a weekend of going down the web3 rabbit role I’m going to wake up tomorrow morning and keep working on my saas startup

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Jack Altman

@jaltma

4 years

Best career advice I ever got: only play games that you really care to win.

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Jack Altman

@jaltma

5 months

Far left you really gotta chill. You’re losing the middle left and you’re just gonna get trump elected.

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Jack Altman

@jaltma

3 months

Sam can you just let me have some fundraising news for like one week? You need to chill.

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Jack Altman

@jaltma

2 years

This is a very basic interpersonal thing, but for some reason this image has been stuck in my head ever since I saw it recently.

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Jack Altman

@jaltma

6 months

More important than being one of the most brilliant and impactful people our industry has ever had Sam is one of the most generous and caring people I know. I've never met someone who has supported and lifted up more people around them than him. Couldn't be a prouder brother.

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Jack Altman

@jaltma

4 years

What’s something your parents did that you think was important for your development?

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Jack Altman

@jaltma

3 years

Low ego + high ambition is such an enjoyable combination of personality traits to work with.

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Jack Altman

@jaltma

2 years

I have a friend who used to end conversations by saying “well, this conversation has reached its natural conclusion” and just hanging up. I think about this all the time.

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Jack Altman

@jaltma

3 years

A couple of my good friends are starting some companies right now. I spent a little time writing out some of my own learnings from the early days of Lattice to share with them. Thought I’d post for anyone to read:

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Jack Altman

@jaltma

4 months

Remembering the time one of my investors sent me a competitor’s website and was like have you heard of these guys so I sent back sequoia’s website and said have you heard of these guys.

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Jack Altman

@jaltma

4 years

I'm always amazed at how productive a single person can be when they are properly motivated, energized, and unconstrained.

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Jack Altman

@jaltma

3 years

Interesting book. Claims the four best things we can do for longevity are: - intermittent fasting - eating less meat - high intensity exercise - expose ourselves to cold

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Jack Altman

@jaltma

4 years

I’m excited to announce @LatticeHQ 's new Invest In Your People Fund! It’s simple: if an employee leaves to start a company, we’ll offer to invest $100k.

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Jack Altman

@jaltma

8 months

If you want a project to move faster, put fewer people on it.

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Jack Altman

@jaltma

3 months

@sama journalists anytime I do something: “Sam Altman, who is 38 and lives in the Bay Area, and who leads OpenAI, which is a well known AI giant, who enjoys long walks on the beach and whose favorite color is blue, and who likes to eat a variety of foods depending on the time of day…

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Jack Altman

@jaltma

6 months

When it turns out the biggest misalignment problem in AI was the board.

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Jack Altman

@jaltma

4 years

Some professional news... I have a new boss! He weighs about 8 pounds and he’s 3 days old. He’s making me feel very sleepy and very in love 😴🥰 I will try to keep my dad twitter to a minimum but no promises.

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Jack Altman

@jaltma

1 year

I’m glad *someone* is finally covering Sam. In my opinion he is actually doing some sort of interesting things and it’s time a journalist finally dug in and wrote about him. It’s uncharted territory.

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Jack Altman

@jaltma

1 year

Things you think as a first time founder that just ain’t so:

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Jack Altman

@jaltma

3 years

Physical mail is so monumentally wasteful. I literally just stand over the recycling bin and put 95%+ of it in. There must be some good reasons it still exists but it seems like such a relic.

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Jack Altman

@jaltma

5 years

Well that was the most stressful possible way to drop an airpod

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Jack Altman

@jaltma

2 years

Do morning shower people just get into bed dirty and feel okay with that? Seems crazy.

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Jack Altman

@jaltma

3 years

What’s a book so good you’ve read it twice?

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Jack Altman

@jaltma

3 months

If you’re a young person interested in working in tech, you should be in the bay area if you can. The network is so strong here, in person work matters, AI is here. It’s also beautiful and the perfect temperature for working 🤗 Ignore the hate on twitter, SF is where it’s at.

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Jack Altman

@jaltma

3 years

It’s sort of amazing how much someone’s career can change by being super right one time, or by connecting with the right one person, or by taking one risk that pays off.

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Jack Altman

@jaltma

6 months

What a dumb day.

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Jack Altman

@jaltma

3 years

It's very hard to compete with people who absolutely love what they do.

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Jack Altman

@jaltma

2 years

One of the more surprising things in business is the degree to which an inexperienced person with the right mindset will outperform a highly experienced person without it.

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Jack Altman

@jaltma

4 years

Zoom is great, but video chatting all day is exhausting. Can we collectively agree to do walk and talk phone calls whenever possible?

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Jack Altman

@jaltma

4 years

Average employee tenure in tech is under 2 years, but it’s a big advantage if your company can ~double that. Many people start becoming massively effective in years 3 and 4. They navigate company easily, the org trusts them, and they have history to jump to right answers faster.

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Jack Altman

@jaltma

8 months

I don’t know what a dalle is but I’m really happy for you!

Sam Altman

@sama

8 months

also, the video we made for dalle 3 is SO CUTE:

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Jack Altman

@jaltma

4 years

Startups really have no hope competing with big tech companies for talent on compensation or scale of impact. But you can easily compete on career trajectory growth, a sense of community, a sense of being on a journey, and your specific purpose/mission. Focus on those.

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Jack Altman

@jaltma

2 years

VCs at 9am, market down 5%: RIP good times. Founders, it's time to conserve your cash, focus on fundamentals. VCs at 2pm, market back to the green: Proud to share that we've invested $2 billion dollars in a new startup promising to build software for people.

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Jack Altman

@jaltma

9 months

So much talk about how SF is a not great city, so little talk about how Bay Area suburbs are an 11 out of 10.

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Jack Altman

@jaltma

4 years

One formula for ramping up a new saas company or product: - interview 50-100 users until you fully understand problem - work with 5-10 beta / pilot customers to get product right - stay here until they’re happy - get case studies - launch and do product marketing like crazy

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Jack Altman

@jaltma

2 years

Being a great manager is easy. All you have to do is be vulnerable but unflappable, care about people but put the business first, balance competing interests of your team and your boss, obsess over numbers but be a great storyteller, empower your team but give clear direction…

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Jack Altman

@jaltma

4 years

Sources of competitive advantage that you can generate simply by adjusting your own mentality: * high risk tolerance * long time horizons * not caring about prestige

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Jack Altman

@jaltma

2 years

One reason it's so hard for founders to successfully hand their companies off to professional CEOs is that running a company ends up being like driving a janky old tractor that works great as long as you subconsciously know a hundred weird esoteric things about how to drive it.

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Jack Altman

@jaltma

3 years

Speed is more valuable than accuracy the vast majority of the time in a startup. Almost every wrong decision can be fixed, and progress compounds.

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Jack Altman

@jaltma

1 year

Can someone please build copilot for creating slide decks?

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Jack Altman

@jaltma

3 years

A leader's job is to hire and lead people who are better than them to do jobs they wouldn't be able to do. And then to simultaneously have the confidence to play the role of leader anyway. This combination of low ego + confidence is one of the defining elements of great leaders.

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Jack Altman

@jaltma

4 years

If someone is self-aware, biased toward action, and a clear communicator, you will do well by betting on them no matter where they’re at today.

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Jack Altman

@jaltma

3 months

I have so much respect for people who are consistently able to say no to everything except their absolute top priorities.

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Jack Altman

@jaltma

7 months

The very far left’s silence to unequivocally condemn hamas and support Israel is astonishing to me. What do you stand for?

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Jack Altman

@jaltma

2 years

This illusion at the park that’s meant to surprise my 2 year old has me absolutely tripping

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Jack Altman

@jaltma

3 years

I’m pretty sure this is the best time to start a startup there’s ever been. I don’t think more things have ever been in a founder’s favor.

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Jack Altman

@jaltma

3 years

What's the book or article that's had the biggest impact on how you think about management and leadership?

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Jack Altman

@jaltma

3 years

People have all kinds of ideas about what scaling a startup is really like but it turns out it’s mostly just full time recruiting.

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Jack Altman

@jaltma

5 years

What piece of advice that you’ve received do you think about most often? For me: Don’t waste your time playing games you don’t care about winning.

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Jack Altman

@jaltma

3 years

I think most startups underinvest in brand marketing. There’s a lot of value to seeming bigger than you are, keeping a constant drumbeat of awareness, building communities, and telling compelling stories. Often underinvested in because people focus too much on short term ROI.

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Jack Altman

@jaltma

8 months

One of the primary ways people give "wrong" feedback is telling people to work on their weaknesses instead of encouraging them to double down on their strengths.

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Jack Altman

@jaltma

2 years

Things to avoid as your startup scales: - meetings about meetings - hiring as the answer to every problem - need for wide consensus on decision - risk aversion, value protection No matter company size, keep a mindset that 1) it’s always early days and 2) empower individuals.

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Jack Altman

@jaltma

10 months

One of the easiest ways to plateau mid career is to lose your attention on the atomic work underlying whatever abstraction you're now operating at. You see this with managers who get too caught up in people/org stuff, investors who are too focused on "scaling", etc.

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Jack Altman

@jaltma

5 years

My wife and I do an exercise we call "pillars" every few months. We write down the major pillars of our lives (family, friends, work, health, finances, fun, spiritual, etc.) and give a 1-10 for how fulfilled we feel on each. One of my favorite exercises for staying balanced.

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Jack Altman

@jaltma

3 months

This whole debate about where you need to be to build a startup is silly. Can't we just agree that you can create a great company from anywhere as long as you're determined, have a bit of luck, and are in the bay area?

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Jack Altman

@jaltma

3 years

Anytime someone is worried about what other people think of them I try to remind them of the wonderfully liberating fact that basically no one is thinking about them.

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Jack Altman

@jaltma

2 months

Hierarchy of investors Level 1: Actively sabotage portfolio companies Level 2: Push bad ideas that lead founders down wrong paths Level 3: Distract companies with random obligations, ideas, etc that have to be fended off Level 4: Hands off, neutral, and generally supportive…

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Jack Altman

@jaltma

2 years

The most important competency for a startup is the ability to identify undiscovered talent and to then have the conviction to bet on them with unreasonable responsibility.

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Jack Altman

@jaltma

2 years

People tend to either bring positive energy to people around them at work, or require energy from others to stay positive. Aside from specific skills, one of the things founders are desperately looking for is people who can help shoulder the positive energy burden with them.

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Jack Altman

@jaltma

6 months

Well that was admittedly a bit faster than I anticipated.

Jack Altman

@jaltma

6 months

To all the people gleefully hating today, please know you’re betting against the wrong guy.

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Jack Altman

@jaltma

5 years

People are often surprised when a team accomplishes a lot despite being small. Teams often accomplish a lot *because* they’re small. Fewer meetings, less miscommunication, tighter working relationships. Fight the temptation to grow headcount faster than necessary!

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Jack Altman

@jaltma

3 months

New office who dis!

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Jack Altman

@jaltma

3 months

What I'm currently looking to invest in: 1. B2B software which could have existed without AI, but is 10x better/faster/cheaper with it. 2. Experienced founders doing compound startups. 3. "Hard problems" on the frontier of technology and/or complexity.

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Jack Altman

@jaltma

5 years

VCs are like “don’t rush the fundraising process the relationship lasts 10 years and is just too important to get wrong unless I have an offer out to you in which case I’m quite frankly a little confused why I haven’t heard back from you in 7 hours.”

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Jack Altman

@jaltma

2 years

Can we all just agree to never say people's first names to them as a bonding/selling technique in the middle of a conversation?

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Jack Altman

@jaltma

2 years

On some level, if you work at a startup, you either build the product, you sell the product, or you support the people who build or sell the product.

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Jack Altman

@jaltma

3 years

I think Calendly is going to be the next DocuSign...a seemingly narrow product that delivers an incredible experience for a workflow basically everyone needs, and as a result is eventually worth a shocking amount.

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Jack Altman

@jaltma

3 years

There’s something about the phrase “one person works *for* another” that rubs me the wrong way. People work *with* each other, *for* the business. A small thing but I think it matters.

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Jack Altman

@jaltma

2 years

There's a misconception that if you want to attract and retain great people you need to go easy on them and give them a cushy environment. The opposite is true. Talented people want to be held to high standards and supported through the hard work of doing big things.

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Jack Altman

@jaltma

2 years

I really want to have that click of understanding that a lot of people have had about web3 and why it’s going to be so transformational, but I’ve tried I admittedly haven’t had it yet. For those of you who have seen the light, what was the big insight?

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Jack Altman

@jaltma

1 month

Being high energy is one of the least discussed drivers of effectiveness at work.

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Jack Altman

@jaltma

3 years

What companies currently worth less than $100B do you think are most likely to one day reach $1T?

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Jack Altman

@jaltma

3 years

So much power has shifted from VCs to founders. The next logical step is a shift in power from founders to employees.

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Jack Altman

@jaltma

1 year

My spicy take of the day is I think it's an incredible disservice to people in their 20s to tell them 1) they don't need to work hard and 2) they don't need to spend time learning from more experienced people in person.

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Jack Altman

@jaltma

6 months

I cannot make sense of any political party right now and I have no idea what I am. Anyone else?

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Jack Altman

@jaltma

1 year

As the parent of a 3 year old who insists on having the backseat lights on when we’re driving at night I can now say with certainty that the way our parents insisted they’d crash if our lights were on was a complete psyop. I still don’t know why they did it, but it was bs.

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Jack Altman

@jaltma

3 years

I’m often reminded of the power of just asking, clearly, for what you want. Simply being forthright about your goals and desires, without being tactless or demanding, often goes such a long way.

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Jack Altman

@jaltma

2 years

Aggressively promoting your most effective employees is the operator equivalent of VCs doubling down on their best investments. Load up once you have a known winner.

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Jack Altman

@jaltma

4 years

I continue to feel skeptical about remote work as the future. Colocated work still strikes me as more fulfilling and productive for most people over the long term. If it were safe to go back to work tomorrow, I think most of us would.

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Jack Altman

@jaltma

3 years

It's amazing how many difficult aspects of startups there are...hiring, building good products, growing quickly, managing your own psychology, managing people, fundraising...all with never enough resources and never enough time. Shout out to everyone fighting the good fight 🙌

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Jack Altman

@jaltma

5 months

I have some big news🤗 I am ecstatic to share that we’ve hired @swbjoyce to Lattice as our next CEO! I’ll be taking the role of executive chairman and can’t wait to support Sarah and the team on this next part of the journey.

The Next Chapter | Lattice

Jack Altman is stepping up to Executive Chairman of the Board, and Sarah Franklin is joining Lattice as CEO. Read the full email Jack sent to the company. — Dec 12, 2023 by Jack Altman

lattice.com

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Jack Altman

@jaltma

4 years

Of all the passive aggressive work phrases, “I’m a little confused” has to be the best.

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Jack Altman

@jaltma

3 years

I think healthcare tech might be where fintech was ~5 years ago - tech native people are increasingly decision makers in health systems - so much operational inefficiency in healthcare - startups are landing surprisingly large deals in eg hospitals Seems like a promising set up

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Jack Altman

@jaltma

4 years

What a great thread. 30 somethings, what do you now believe that you didn’t fully realize in your 20s? For me: 1. People are mostly thinking about themselves. 2. Good work, friends / family, and good health is all you need. 3. Being right isn’t always the most important thing.

Jeff Richards

@jrichlive

4 years

List 3 things you believe strongly in your 40’s you didn’t quite understand in your 30’s?

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Jack Altman

@jaltma

3 years

Trying to solve burnout by working less is like trying to solve a bad relationship by seeing your partner less. Yes, overwork is a bad thing. But most of burnout comes from not liking your work, and that’s usually the key to solving it.

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Jack Altman

@jaltma

6 months

@sama go crush it

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Jack Altman

@jaltma

3 years

This is probably somewhat of a golden age of startup creation: - we more or less know how to build startups now. Almost a science - huge percent of talent pool works in tech - capital so cheap and abundant - still so many industries need much more software The S curve is long.

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Jack Altman

@jaltma

3 years

Starting a startup is cheap, scaling a startup is expensive. You can build a quick app to find product market fit very cheaply, but building a robust product that meets the needs of a broad set of users takes a tremendous amount of time, money, and effort.

Brett Berson

@brettberson

3 years

It’s surprising how hard it still is to create fantastic software today.

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Jack Altman

@jaltma

2 years

Sometimes I reflect on the fact that we never would have built what we built when starting Lattice if we’d already been familiar with the HR industry. I think about this whenever people are skeptical of founders who don’t have industry experience.

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Jack Altman

@jaltma

3 years

The business case for remote isn’t about cost savings, it’s about access to talent.

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