← Back to context

Comment by garry

6 years ago

I started learning about startups only after I started reading Hacker News in 2006. I was an engineer for most of my career up until then. Reading Paul Graham's essays changed my life, and it changed the life of thousands of people I've met now known for over 10 years, as an alum, a partner at Y Combinator and now an investor.

Guilty, it is self-serving. It's my business. But I also know from direct experience people who can make software are capable of building billions of dollars worth of value.

I funded more than 200 companies worth over $36B now.

And I started just like you, here, reading Hacker News.

Do you think that every reader of Hacker News can do that? Logistically, how would it work?

I'm not disputing that "people who can make software are capable of building billions of dollars worth of value." Of course that's true. I'm disputing that everyone who makes software can individually capture even hundreds of millions of dollars worth of value.