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Paul Graham of Y Combinator: The Best Investor Ever
Manage episode 486746522 series 3551922
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I love covering stories where it’s just about how someone does something differently, has a different worldview, and then uses that to have such a big and positive impact. I came across Paul Graham when I read the excellent book The Power Law by Sebastian Mallaby —it’s full of great stories from the world of venture capital. Before I read it, I had heard of Y Combinator, but I’d never dug into its foundation. But Mallaby, in his book, does—and it’s fascinating.
So I was so happy to do a bit more digging myself.Paul Graham set up Y Combinator, and over the years it has invested in 5,000 startups. These companies collectively hold a combined valuation exceeding $600 billion. Notably, more than 400 of these companies are valued at over $100 million, and over 100 have achieved valuations surpassing $1 billion. But it’s about more than money or numbers—it’s about this guy with huge intelligence, and a singular and very philosophical way of looking at business and startups, and how he revolutionised the sector.
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