Believe it or not, it's usually wise to walk investors thro… - Paul Graham

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Believe it or not, it's usually wise to walk investors through the risks involved in your startup. Investors know there's risk. If there wasn't, your valuation would be billions of dollars right now. And if you're vague about the risks you seem glib, or worse still, clueless.

Paul Graham

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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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When startups are doing well it's common for them either not to disclose their numbers, or under-report them. Half the time when I get an email with great numbers, it's followed by "but don't tell anyone."

No investor has any right to push you to get acquired if you don't want to. The company is your project, not theirs.

Everyday words are inherently imprecise. They work well enough in everyday life that you don’t notice. Words seem to work, just as Newtonian physics seems to. But you can always make them break if you push them far enough.

Believe it or not, it's usually wise to walk investors through the risks involved in your startup. Investors know there's risk. If there wasn't, your… - Paul Graham

About Paul Graham

Additional quotes by Paul Graham