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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 Mar 8

    Don't collect celebrity investors. It's not a predictor of success. In fact, it may be a predictor of failure, because it's a sign that founders (a) lack confidence and (b) prefer fundraising to building stuff.

    10:00 AM - 8 Mar 2021
    • 158 Retweets
    • 1,890 Likes
    • misrab Constarks popcorn David Perell Céline des Ligneris Roman Agabekov Aaron Danielle Perretty yash kulkarni
    73 replies 158 retweets 1,890 likes
      1. Stefano  💉 Pfizer Gang‏ @stefanoscalia Mar 8
        Replying to @paulg

        Just tag jack and jay-z, this reads like a passive aggressive teen's tweet.

        0 replies 0 retweets 4 likes
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      1. Nicholas Teague‏ @_NicT_ Mar 8
        Replying to @paulg

        Hmm, was going to offer you a chance to invest Paul but don’t want to look too unconfident.

        0 replies 0 retweets 4 likes
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      1. Vicky Handrawan‏ @VickyHandrawan2 Mar 8
        Replying to @paulg

        How are you sir

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Anthony Jones‏ @TheBigTizzle Mar 8
        Replying to @paulg

        Does it increase interest among potential investors? Or nah? You can limit their roles, right? Wouldn't the increased fundraising outweigh these perceptions? Surely, there's a way to collect celebrities and mitigate these perceptions?

        1 reply 0 retweets 2 likes
      3. Paul Graham‏Verified account @paulg Mar 8
        Replying to @TheBigTizzle

        It can. But if you're in a position to collect celebrities, you already have enough interest.

        0 replies 0 retweets 9 likes
      4. End of conversation
      1. JK ➐‏ @jollllu Mar 8
        Replying to @paulg

        Fundraising is a fancy loan. I wonder why they need to celebrate "I got a Bank loan!!"

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Timothy Coleman‏ @timhc22 Mar 8
        Replying to @paulg @chainyoda

        Ouch! Have seen THAT before during my decade or so working with startups 😬

        1 reply 0 retweets 1 like
      3. Ajit Tripathi‏ @chainyoda Mar 8
        Replying to @timhc22 @paulg

        Yeap it’s Uber common in #crypto

        1 reply 0 retweets 1 like
      4. Show replies
      1. Holly Leslie (◡‿◡✿)‏ @hollzleslie Mar 8
        Replying to @paulg

        Money is just one of many tools you can use to build things. Although celebs might open the door to access new tools.

        0 replies 0 retweets 1 like
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      1. Rodney Ramsey‏ @RodneyRamsey Mar 8
        Replying to @paulg

        Hey, it worked for Theranos. Oh, right.

        0 replies 0 retweets 1 like
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