Startups are not just something that happened in Silicon Va… - Paul Graham

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Startups are not just something that happened in Silicon Valley in the last couple decades. Since it became possible to get rich by creating wealth, everyone who has done it has used essentially the same recipe: measurement and leverage, where measurement comes from working with a small group, and leverage from developing new techniques. The recipe was the same in Florence in 1200 as it is in Santa Clara today.

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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Additional quotes by Paul Graham

With ambition, you tend to get one step below what you aim for. So unless you try to be the best, you won't even be good.

Even the best startups often go through near-death experiences. The problem with venture debt is that it tends to turn near-death experiences into death experiences. Avoid it if you can.

The advantage of a medium of exchange is that it makes trade work. The disadvantage is that it tends to obscure what trade really means.

Startups are not just something that happened in Silicon Valley in the last couple decades. Since it became possible to get rich by creating wealth, … - Paul Graham

About Paul Graham

Additional quotes by Paul Graham