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In it, he made the reasonable point that inequality is a fundamental necessity to a successful culture of entrepreneurship.

“Almost by definition, if a startup succeeds its founders become rich,” wrote Graham.

While Microsoft’s Zune opted for users to charge “cash points”.

Which increased the complexity for users by adding an additional step to purchases.

Air Bnb is the perfect example of counter-intuitive ideas.

Who in the world would want to sleep in a strangers bed?

Initially, Digg was the front-runner in the aggregation space.

In fact getting featured on Digg brought on so much traffic, it was called the “Digg Effect”.

Graham co-founded Y Combinator, widely regarded as the most prestigious and effective accelerator for fledgling tech companies.I actually worry a lot that as I get "popular" I'll be able to get away with saying stupider stuff than I would have dared say before.This sort of thing happens to a lot of people, and I would *really* like to avoid it- Paul Graham, posting on About two years ago, the Lisp programmer and dot-com millionaire Paul Graham wrote an essay entitled Hackers and Painters, in which he argues that his approach to computer programming is better described by analogies to the visual arts than by the phrase "computer science".Similarly You Tube originally built a video-based dating service.But ultimately opted for a video sharing platform after users were using the service simply for sharing videos. The battle between Digg and Reddit shows that the more popular startups wins in the end.




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