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I'm inclined to agree, but in fairness to Paul Graham I'll note that one of his essays I think relates back to your point. His observation was that even if you
by elihu 5y ago
I'm inclined to agree, but in fairness to Paul Graham I'll note that one of his essays I think relates back to your point.
His observation was that even if you aren't trying to do things for the money and just want to solve some problem, a lot of times the only practical option is to form a company. Maybe that isn't always true, but at least it seems plausible. He also notes that not chasing money can have advantages: craigslist isn't a charity, but they run it like one. That makes them pretty hard to compete against.
Exerpt:
> Back when I was working on spam filters I thought it would be a good idea to have a web-based email service with good spam filtering. I wasn't thinking of it as a company. I just wanted to keep people from getting spammed. But as I thought more about this project, I realized it would probably have to be a company. It would cost something to run, and it would be a pain to fund with grants and donations.
> That was a surprising realization. Companies often claim to be benevolent, but it was surprising to realize there were purely benevolent projects that had to be embodied as companies to work.
> I didn't want to start another company, so I didn't do it. But if someone had, they'd probably be quite rich now. There was a window of about two years when spam was increasing rapidly but all the big email services had terrible filters. If someone had launched a new, spam-free mail service, users would have flocked to it.
http://www.paulgraham.com/good.html http://www.paulgraham.com/good.html