Paul Graham at TechCrunch50

Paul Graham at TechCrunch50: “How does it all work, what’s the insides like. And so you have to ask a lot of questions. People never seem to answer all the questions pre-emptivey in the presentation so you gotta ask a lot of questions.” TC50 and Paul Graham from sarah lacy on Vimeo. I’ve been following … Continue reading “Paul Graham at TechCrunch50”

Paul Graham at TechCrunch50:

“How does it all work, what’s the insides like. And so you have to ask a lot of questions.

People never seem to answer all the questions pre-emptivey in the presentation so you gotta ask a lot of questions.”

TC50 and Paul Graham from sarah lacy on Vimeo.

I’ve been following Paul and Y-Combinator for a while. There’s parts of their business model that I really admire – something I’d like to steal for businesses in Northern Ireland.

One of the things I admire about Y-Combinator is that they haven’t had any major successes but they still plug on. Paul reckons justin.tv or Loopt might have that global potential but the point is, they’re willing to take a chance even on projects which might not immediately have world-conquering potential. That said – a heap of their companies have been heavily funded or acquired which, by any stretch of the imagination would be a success for indigenous companies. Companies like reddit, Scribd, Dropbox, Posterous or others from their portfolio show they’re simply willing to give startups a chance.

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