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The article was a good read. Through out the article though, I couldn't help but feel that Paul Graham wants to change how startups are invested in, specificall
by sdoowpilihp 13y ago
The article was a good read. Through out the article though, I couldn't help but feel that Paul Graham wants to change how startups are invested in, specifically the 24 hour turnaround on investment decisions and the A round change, and framed it as "I see x as a trend that is developing". It makes me wonder if a sufficiently influential person in a given industry claims to see a trend that is closely tied to human behavior, could that trend become a reality?
- _delirium 13y agoYes, I think it's best read as an advocacy piece.
- abalashov 13y agoYes. I think there is no question that people like PG have a vested interest in taking patterns that favour them and socialising them into the wider industry as a descriptive account of an ongoing trend, rather than a prescriptive self-fulfilling prophecy. Any good marketer-pundit will do that. :-)