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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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    Paul Graham‏Verified account @paulg 25 Apr 2020

    11 yo and his friends are always coming up with ideas for beating the system. I told him that the really big money is not in little tricks like that, but in making things that help people.

    5:15 AM - 25 Apr 2020
    • 147 Retweets
    • 1,566 Likes
    • Richard Chang Fiston Emmanuel Patrick T. Hoffman Nguyen Opinion Mars rover Ethan So ☀️ Richard Mason Regen Network Jörg Doku
    67 replies 147 retweets 1,566 likes
      1. New conversation
      2. Paul Graham‏Verified account @paulg 25 Apr 2020

        Very successful startups often turn out in retrospect to have beaten the system in some sense. But that was not the path that led to them. Their founders weren't asking "How can I beat the system?" but rather "What would be cool to build?"

        21 replies 30 retweets 454 likes
        Show this thread
      3. Paul Graham‏Verified account @paulg 25 Apr 2020

        Interestingly, the naive belief that money is made primarily by beating the system is shared both by people who are eager to do it, and by people whose ideology is based on opposing it. The difference is that many of the former eventually learn they're mistaken.

        12 replies 37 retweets 400 likes
        Show this thread
      4. End of conversation
      1. Adeeb Abbas‏ @adeeb10abbas 25 Apr 2020
        Replying to @paulg

        Sometimes beating the system is helping people lol

        0 replies 0 retweets 13 likes
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      1. New conversation
      2. JT Booth‏ @jtbooth1021 25 Apr 2020
        Replying to @paulg

        Sometimes I wonder if Paul's 11yo is really just his excuse to explain simple things to the internet

        1 reply 1 retweet 96 likes
      3. Ben Wang‏ @_BenWang 25 Apr 2020
        Replying to @jtbooth1021 @paulg

        It's like 'grampa's wisdom'. Giving advice/teaching a child has many benefits over an adult: - Must be general since child's path is unknown. - Robustness/trueness must be very high since consequences over child's life are great. - Can be honest with a child - less of an ego.

        1 reply 0 retweets 22 likes
      4. Show replies
      1. New conversation
      2. NathanpmYoung.substack.com‏ @NathanpmYoung 25 Apr 2020
        Replying to @paulg

        What do you think is the strongest counterargument to this?

        5 replies 0 retweets 12 likes
      3. Paul Graham‏Verified account @paulg 25 Apr 2020
        Replying to @NathanpmYoung

        HFT.

        10 replies 2 retweets 179 likes
      4. Show replies
      1. Heather Galloway‏ @GallowayHeather 25 Apr 2020
        Replying to @paulg

        Yet sometimes the system works against us (or particular groups of people) so kudos to him and to you for the effort to change or constructively challenge established thinking!

        0 replies 0 retweets 0 likes
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      1. Tom Libelt‏ @TomLibelt 25 Apr 2020
        Replying to @paulg

        Should tell the #seo bros and Amazon affiliates

        0 replies 0 retweets 3 likes
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      1. Amit Shekhar‏ @amitiitbhu 25 Apr 2020
        Replying to @paulg

        This is the first mistake of the entrepreneur. Then, gradually learn and start working on meaningful things that help people.

        0 replies 0 retweets 6 likes
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