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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 22 Oct 2020

    The glee about Quibi's failure seems to me misguided. Startups are hard. There's no honor in applauding when they fail. To me it's impressive that people so established would undertake a project so risky. Especially considering the probable reaction if they failed.

    8:34 AM - 22 Oct 2020
    • 354 Retweets
    • 3,447 Likes
    • Gabriel Perez Martina Rajnikant yadav ᴮᴱKpop Loverₐₗₖₐ🇰🇷💫 gorodetskaya Tony Mathew Art Jonak Trevor McKendrick Joe The Rigolo
    182 replies 354 retweets 3,447 likes
      1. Paul Graham‏Verified account @paulg 22 Oct 2020

        Sure, they did a lot wrong. But only someone who's never taken that kind of risk themselves would publicly diss them for it. Anyone who's been through the startup wringer and succeeded knows how many mistakes every startup makes, and how much the outcome depends on luck.

        56 replies 81 retweets 1,507 likes
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      2. GrepMed‏ @grepmeded 22 Oct 2020
        Replying to @paulg

        name was horrible though...

        1 reply 0 retweets 2 likes
      3. Certified Lover Bjorn‏ @bjorn 22 Oct 2020
        Replying to @grepmeded @paulg

        Literally everything about the company and their product*

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Jared Cosulich‏ @jaredcosulich 22 Oct 2020
        Replying to @paulg

        Seems there was some hubris involved in not trying to validate the format at all.

        4 replies 0 retweets 82 likes
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      2. Rajat Suri‏ @rajatsuri 22 Oct 2020
        Replying to @paulg

        Honestly just seems like bad timing for a decent idea . Will probably be revived in 5 years

        2 replies 0 retweets 4 likes
      3. itscashflo.com | DG‏ @cashfIo 22 Oct 2020
        Replying to @rajatsuri @paulg

        In your opinion, why is Quibi better than YouTube?

        2 replies 0 retweets 1 like
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      2. The Techonomics‏ @TheTechonomics 22 Oct 2020
        Replying to @paulg

        Startups can fail. It is what it is. But $1.5+ Billion raised? For such an idea? Before launch? This was not a moonshot idea

        3 replies 1 retweet 66 likes
      3. Andy G‏ @simplyandyg 22 Oct 2020
        Replying to @TheTechonomics @paulg

        My exact thought. When I heard of them and how much they raised and spent while laying it all on hopes of a hugely successful launch, it already felt like failures that have been seen many times. Instead of rolling out slow to see what the consumers ACTUALLY want and care about

        1 reply 0 retweets 5 likes
      4. Show replies
      1. Tim Morgan‏ @thetimmorgan 22 Oct 2020
        Replying to @paulg

        Also I would like to invest in whatever they choose to do next.

        0 replies 0 retweets 2 likes
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      2. Aaron Slodov‏ @aphysicist 22 Oct 2020
        Replying to @paulg

        I think it's just sticker shock/awe given the state of the world, and knowing what else that cash "could've gone into".

        1 reply 0 retweets 7 likes
      3. Certified Lover Bjorn‏ @bjorn 22 Oct 2020
        Replying to @aphysicist @paulg

        Like… something that had any value whatsoever to anyone.

        0 replies 0 retweets 0 likes
      4. End of conversation

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