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I wonder why it was surprising for some to read this tweet. Startups will change their priorities daily. Business plans are against the idea of running a startu

by Oras 5y ago

I wonder why it was surprising for some to read this tweet. Startups will change their priorities daily. Business plans are against the idea of running a startup.

diego 5y ago
Probably because many people who follow him on Twitter have no idea what running a startup is like, so they are imagining a completely different context. Business plans do make sense in other contexts.
inerte 5y ago
https://apply.ycombinator.com/ https://apply.ycombinator.com/ is basically a business plan, isn't? Is it distinct enough to not be framed as such?
- themanmaran 5y ago
  Yea I feel like the whole Twitter thread is just PG moving around goalposts on "What is a business plan" or "what is a balance sheet". I mean his article on "The Equity Equation"[1] seems to be written by someone who has read a balance sheet. [1]http://paulgraham.com/equity.html http://paulgraham.com/equity.html
- stale2002 5y ago
  > is basically a business plan, isn't? Is it distinct enough to not be framed as such? I don't think a "business plan" is literally just any words, written down, that are related to "business". It is likely a specific and defined thing.
  - charcircuit 5y ago
    A business plan is a plan on what a business is going to do in the future. >What is your company going to make? This question is asking what your business is planning on making. Edit: This comment includes more relevant questions https://news.ycombinator.com/item?id=30319753 https://news.ycombinator.com/item?id=30319753
- blitzar 5y ago
  It depends what your definition of is is. afaik there is no legislation defining a business plan. It might say business plan at the top, it might be a whitepaper, it might be a tweet. Make money, lots of money There we go, a business plan, its not a good business plan, nor a traditional one nor even a very comeplete one, but a plan nevertheless.

by Oras 5y ago

I wonder why it was surprising for some to read this tweet. Startups will change their priorities daily. Business plans are against the idea of running a startup.

diego 5y ago

Probably because many people who follow him on Twitter have no idea what running a startup is like, so they are imagining a completely different context. Business plans do make sense in other contexts.

inerte 5y ago

https://apply.ycombinator.com/ https://apply.ycombinator.com/ is basically a business plan, isn't? Is it distinct enough to not be framed as such?

themanmaran 5y ago
Yea I feel like the whole Twitter thread is just PG moving around goalposts on "What is a business plan" or "what is a balance sheet". I mean his article on "The Equity Equation"[1] seems to be written by someone who has read a balance sheet. [1]http://paulgraham.com/equity.html http://paulgraham.com/equity.html
stale2002 5y ago
> is basically a business plan, isn't? Is it distinct enough to not be framed as such? I don't think a "business plan" is literally just any words, written down, that are related to "business". It is likely a specific and defined thing.
- charcircuit 5y ago
  A business plan is a plan on what a business is going to do in the future. >What is your company going to make? This question is asking what your business is planning on making. Edit: This comment includes more relevant questions https://news.ycombinator.com/item?id=30319753 https://news.ycombinator.com/item?id=30319753
blitzar 5y ago
It depends what your definition of is is. afaik there is no legislation defining a business plan. It might say business plan at the top, it might be a whitepaper, it might be a tweet. Make money, lots of money There we go, a business plan, its not a good business plan, nor a traditional one nor even a very comeplete one, but a plan nevertheless.