In both cases, what it all comes down to is users. You’d think that a company about to buy you would do a lot of research and decide for themselves h… - Paul Graham

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In both cases, what it all comes down to is users. You’d think that a company about to buy you would do a lot of research and decide for themselves how valuable your technology was. Not at all. What they go by is the number of users you have.

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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

A startup's ascent often consists of alternating rises and flat spots. This puzzled me when I first saw it at Viaweb. But it turns out just to be what happens when you add a function representing "random ups and downs" to one that's consistently increasing.

As long as all newly founded startups prefer your product, don't worry about competitors who can convince larger customers. You'll own all future cohorts of companies, and that's more than enough. Plus in practice you'll eventually convert the old cohorts too, if you bother to.

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