People think that what a business does is make money. But money is just the intermediate stage — just a shorthand — for whatever people want. What mo… - Paul Graham
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People think that what a business does is make money. But money is just the intermediate stage — just a shorthand — for whatever people want. What most businesses really do is make wealth. They do something people want.4
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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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Wikiquote·
Portrait adapted from
Wikimedia Commons, Crédit photo: Sarah Harlin (Public domain / CC0)
When startups fail the reason is almost always that they haven't made what people want.
That averaging gets to be a problem. I think the single biggest problem afflicting large companies is the difficulty of assigning a value to each person’s work.
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