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At least one of the taglines was a huge mis-characterization of what was actually said, though. "Paul Graham: Don't look at groupon's numbers" That's not wha
by Goladus 15y ago
At least one of the taglines was a huge mis-characterization of what was actually said, though.
"Paul Graham: Don't look at groupon's numbers"
That's not what he said at all. He said that HE wouldn't, and that he'd bet on Andrew Mason because he knows him to be a smart guy (using PG's definition of smart). It wasn't giving advice except perhaps in the general sense of "bet on good people."
- PanosJee 15y agoYeah but Groupon is not on the "bet" level and IPOs are different that seed or series-A funding.
- Goladus 15y agoYeah that's the whole point. He's not giving advice at all, he's just talking about his general approach to investment. It was Bloomberg that took the comment turned it into implicit commentary about the IPO, which was clearly not his intent.