Experienced and inexperienced investors both lead you on, b… - Paul Graham

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Experienced and inexperienced investors both lead you on, but for different reasons. Inexperienced ones get excited, then get cold feet, and the result is as if they were leading you on. Whereas experienced but unscrupulous investors deliberately act more excited than they are.

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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Experienced and inexperienced investors both lead you on, but for different reasons. Inexperienced ones get excited, then get cold feet, and the resu… - Paul Graham

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