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How to Start a Startup

www.paulgraham.com

One of the best tricks I learned during our startup was a rule for deciding who to hire. And when businesspeople try to hire hackers, they cant tell which ones are good.Even other hackers have a hard time doing that. Usually you get seed money from individual rich people called"angels." For business people its roulette.

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The Future of Web Startups

www.paulgraham.com

We could hire employees, but we want to be forced to figure out how to scale investing. As the volume of startups increases, big companies will start to develop standardized procedures that make acquisitions little more work than hiring someone. At Y Combinator we still only have four people, so we try to standardize everything.

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