Summary of Startup Playbook

Sam Altman, more...

Get the Article

Startup Playbook summary
Start-ups are hard work and most of them fail. Learn the secrets to becoming one of the success stories.


7 Overall

8 Applicability

7 Innovation

6 Style


In this beginner’s guide to start-ups, Sam Altman of start-up accelerator Y Combinator presents a frank account of what to expect when you launch a new business. He reveals common mistakes that founders make, such as not having a viable idea or trying to sell a product that customers don’t love. He also describes the skills and personality traits a founder must have to drive a start-up to success and explains how to avoid becoming demoralized in the process. getAbstract recommends this playbook to anyone who would like a realistic view of how start-ups work.

In this summary, you will learn

  • What skills and traits a start-up founder should have
  • How to tell if your idea or product is good enough
  • How to make your start-up profitable


Start-ups involve hard work, but having four things will drastically improve your chances of success: “a great idea (including a great market), a great team, a great product and great execution.” Old ideas don’t inspire customers or investors, so wait until you have an original one. Communicate clearly...
Get the key points from this article in less than 10 minutes. Learn more about our products or log in

About the Author

Sam Altman is an entrepreneur, programmer, blogger, venture capitalist and the president of Y Combinator, a successful US start-up.

Comment on this summary

More on this topic

Customers who read this summary also read

More by category