A company big enough to acquire startups will be big enough to be fairly conservative, and within the company the people in charge of acquisitions wi… - Paul Graham

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A company big enough to acquire startups will be big enough to be fairly conservative, and within the company the people in charge of acquisitions will be among the more conservative, because they are likely to be business school types who joined the company late. They would rather overpay for a safe choice.

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About Paul Graham

Paul Graham (born 1964) is an English computer scientist, essayist, entrepreneur, venture capitalist, and author. He is best known for his work on the programming language Lisp, his former startup Viaweb (later renamed Yahoo! Store), cofounding the influential startup accelerator and seed capital firm Y Combinator, his essays, and Hacker News.

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Additional quotes by Paul Graham

Instead of simply cancelling student debt, maybe it would be a good idea to loosen the rules about discharging it via bankruptcy. Then you'd both help the people in the greatest need, and start to fix the system (because lenders would have to become less indiscriminate).

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A startup's ascent often consists of alternating rises and flat spots. This puzzled me when I first saw it at Viaweb. But it turns out just to be what happens when you add a function representing "random ups and downs" to one that's consistently increasing.

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