Don't fear competitors who've raised a lot, unless you can … - Paul Graham

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Don't fear competitors who've raised a lot, unless you can say precisely how all that extra money is going to make them beat you. E.g. if ads are the only way to acquire users, and they can buy all the ads, you're in trouble. But money per se is not dangerous.

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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Something I taught the boys on the way to school: one thing the story of the German concentration camps teaches us is how much potential for evil there is in so many apparently normal people.

A selection process will be unbiased only if (a) the later performance of those selected is measured and (b) the selectors are judged according to this.

Don't join a company or industry that has contempt for its customers. You can make a lot of money that way, and of course it gives you a feeling of superiority, but you'll never do great work for a market you despise.

Don't fear competitors who've raised a lot, unless you can say precisely how all that extra money is going to make them beat you. E.g. if ads are the… - Paul Graham

About Paul Graham

Works in ChatGPT, Claude, or Any AI

Additional quotes by Paul Graham