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paulg's profile
Paul Graham
Paul Graham
Paul Graham
Verified account
@paulg

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Paul GrahamVerified account

@paulg

paulgraham.com
Joined August 2010

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    1. Paul Graham‏Verified account @paulg 22 Sep 2019

      When you finish YC, they take you into a special room and tell you that fundraising is not success, but merely a means to an end, which is creating a successful company. They also tell you this constantly before YC, during it, and after it.

      40 replies 245 retweets 1,976 likes
    2. Ghalib Suleiman‏ @ghalib 22 Sep 2019
      Replying to @paulg

      Unfortunately the human weakness for prestige and external validation is a common one.

      1 reply 0 retweets 5 likes
    3. Ryan‏ @RyanAvenue 22 Sep 2019
      Replying to @ghalib @paulg

      Always wanted VC validation when was younger. Now could care less. No one buys your product because a VC invested. Makes no difference. However, I’m sure the wisdom of some is priceless.

      1 reply 0 retweets 4 likes
      Paul Graham‏Verified account @paulg 22 Sep 2019
      Replying to @RyanAvenue @ghalib

      To be fair, enterprise users sometimes care if you have VC funding.

      12:00 PM - 22 Sep 2019
      • 2 Retweets
      • 21 Likes
      • Elkanah Carnell Reed Giséle Bisson Imanuddin Mulya j.nunez.torrijos Ilan Ganesh Daniel ANKIT NARAYAN SINGH ⚡️ Evan Lightner James Mishra
      3 replies 2 retweets 21 likes
        1. New conversation
        2. Ryan‏ @RyanAvenue 22 Sep 2019
          Replying to @paulg @ghalib

          Yes, I would agree with this. Did think of this, but decided to exclude just because in most startup cases, this isn’t a factor.

          1 reply 0 retweets 2 likes
        3. Ryan‏ @RyanAvenue 22 Sep 2019
          Replying to @RyanAvenue @paulg @ghalib

          But what’s interesting now is you can build overtop of the VC backed platform companies and have their prestige and army of engineers on your side while promoting them to your potential enterprise customer.

          1 reply 0 retweets 0 likes
        4. Show replies
        1. Ghalib Suleiman‏ @ghalib 22 Sep 2019
          Replying to @paulg @RyanAvenue

          This is absolutely true, as that game is one of risk minimisation - prestige and external validation are salient factors.

          0 replies 0 retweets 1 like
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        1. Giséle Bisson‏ @VisibilityShift 26 Sep 2019
          Replying to @paulg @RyanAvenue @ghalib

          Startup employees and consultants care if you have solid #vc funding. (We like to know we will be paid.) It also helps you get press coverage.

          0 replies 0 retweets 1 like
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