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pg's priors are wrong. He would be correct if all or even lots of the world's billionaires were picked by YC, but they aren't. Sure, it may be possible to becom
by camgunz 6y ago
pg's priors are wrong. He would be correct if all or even lots of the world's billionaires were picked by YC, but they aren't. Sure, it may be possible to become a billionaire or build a billion dollar company without exploiting others, even as those others do not become billionaires themselves.
But is it even worth parsing this out? Income inequality is real, capitalism is fundamentally exploitative at its core, end of argument. YC's interview process is... not at all relevant.
> I'll tell you how it's really done, so you can at least tell your own kids the truth. It's all about users. The most reliable way to become a billionaire is to start a company that grows fast, and the way to grow fast is to make what users want.
There's a second part, and it's "hoard the profit by under paying the workers who built your company." Sometimes there's a third part, and it's "corrupt your government and lobby against tax rates that threaten your wealth."
Billionaires build, let's stipulate. They also hoard money for themselves while others desperately need it. It's not any more complicated than that.