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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. Sam Altman‏Verified account @sama 15 Jun 2020

      Advice extremely focused on short-term results helps the median startup but hurts exceptional startups.

      18 replies 64 retweets 520 likes
    2. Paul Graham‏Verified account @paulg 15 Jun 2020
      Replying to @sama

      I'm not sure I agree with that. The focus of our thinking with Airbnb was short term results — whatever gets growth this week — and that worked well. Maybe the distinction between when it does and doesn't work is not median vs exceptional, but something else?

      15 replies 5 retweets 109 likes
    3. Sam Altman‏Verified account @sama 15 Jun 2020
      Replying to @paulg

      Maybe the key is that doing whatever gets growth this week works great for companies who are building something with a very strong network effect, but not as well for other companies?

      7 replies 0 retweets 57 likes
      Paul Graham‏Verified account @paulg 15 Jun 2020
      Replying to @sama

      I think the answer is that optimizing for growth this week is good iff there aren't local maxima. So for example it's safer to do with software, where local maxima are flatter because software is so mutable. Supersonic airliners, not so much.

      12:32 PM - 15 Jun 2020
      • 2 Retweets
      • 45 Likes
      • Pete Jörg Doku M.₳.N 🗯 RAJARSHI BARDHAN Karthik Vaidyanath Nikola Toshev Sonal Chokshi Christopher Olivares Juho Kallio
      5 replies 2 retweets 45 likes
        1. Jonathan Parisot‏ @JoParisot 15 Jun 2020
          Replying to @paulg @sama

          That's good perspective. I was confused by that initially when starting YC. For us, local maxima was to grow our Google Sheets connector whereas the big opportunity was to recreate a spreadsheet software.

          0 replies 0 retweets 2 likes
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        1. David Beniaguev‏ @DavidBeniaguev 15 Jun 2020
          Replying to @paulg @sama

          Don't you think that what has the largest capacity to trap a company into a local maxima is more likely to do with the costumers they serve and less to do with the tools they use (software)? I think it's essentially the whole point of the innovators dilemma..

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        1. Ali Afshar‏ @Ali110Afshar 15 Jun 2020
          Replying to @paulg @sama

          The probability of getting stuck in local maxima seems a lot lower than most people assume when starting out (so I’ve heard from other founders) For problems like supersonic jets, getting stuck in local maxima once in a while may be worth it for the momentum of regular progress

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        1. rickjerrity‏ @rickjerrity 15 Jun 2020
          Replying to @paulg @sama

          Is Airbnb a good example of a software company or a company with a flat local maxima? I would think not, but I also have very little idea what I'm talking about

          0 replies 0 retweets 0 likes
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        1. Mitchell Goff‏ @mitchellgoffpc 15 Jun 2020
          Replying to @paulg @sama

          I think the answer is that short-term thinking works best when you don’t know yet what you want to be. Once you know, you’ll naturally pursue short-term goals that move you towards your long-term goal.

          0 replies 0 retweets 1 like
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