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Re:I have never read a business plan or balance sheet by Neverending on Sunday February 13, 2022 @12:49AM (#30319603)
He later goes on to claim he's "never read a pitch deck". https://twitter.com/paulg/status/1492696791434731529?s=20&t=...

What an eye roll.

Re:I have never read a business plan or balance sheet by onion2k on Sunday February 13, 2022 @02:47AM (#30320040)
I don't find that particularly hard to believe. Reading a pitch deck is like reading presentation slides - you can't really know what the author had in mind unless it's really good, and you tend to fill in the blanks with your own biases. That makes reading most decks a bit redundant. It's probably better just to talk to the founders and actually see their pitch.
Re:I have never read a business plan or balance sheet by nicodjimenez on Sunday February 13, 2022 @12:52AM (#30319616)
I love the man's essays and he is clearly a genius, but he's getting carried away a bit on Twitter.
Re:I have never read a business plan or balance sheet by floodyberry- on Sunday February 13, 2022 @02:14AM (#30319921)
People considering him a genius as opposed to a narcissist who accidentally got rich likely fuels his need to drop nuggets of "wisdom" to the peasants like this.
Re:I have never read a business plan or balance sheet by nicodjimenez on Sunday February 13, 2022 @05:56PM (#30326435)
There is some percentage of people who become wealthy accidentally - but PG is not one of them. He's like the Michelangelo of early internet startups.
Re:I have never read a business plan or balance sheet by floodyberry- on Sunday February 13, 2022 @08:16PM (#30327400)
He's not going to share it with you
Re:I have never read a business plan or balance sheet by monksdream on Sunday February 13, 2022 @02:54AM (#30320072)
His essays are usually a big pile of “focus on the important things and add value or whatever”-type platitudes. It’s funny that each one has been proofread and revised based on comments from the Who-is-Who in SV, a typical Emperor and His New Clothes situation.

To be fair though, 99% of wisdom books from successful people are like this.

Re:I have never read a business plan or balance sheet by ignoramous on Sunday February 13, 2022 @04:32AM (#30320509)
Calling it platitudes is harsh. The Airbnb founders have repeatedly said that their company was going no where but for Paul Graham's mentorship and the series of advice he gave them, amidst an economy in dire recession.

And btw, before YC, the whos-who of SV were a closed-knit, exclusive group. You underestimate the very radical nature of YC when they started in 2004.

Re:I have never read a business plan or balance sheet by lupire on Sunday February 13, 2022 @08:01AM (#30321469)
What AirBnb was consulting, not a pile of generic essays. Otherwise why would they give him 7% of the company?
Re:I have never read a business plan or balance sheet by unityByFreedom on Sunday February 13, 2022 @04:45AM (#30320570)
He's good at getting attention, that's for sure.
Re:I have never read a business plan or balance sheet by cam0 on Sunday February 13, 2022 @02:14AM (#30319919)
Clearly very smart, but I haven't heard or read anything from him that would classify as genius.
Re:I have never read a business plan or balance sheet by s1artibartfast on Sunday February 13, 2022 @03:29AM (#30320235)
For what it is worth, The most common technical definition genius is an iq of 140, or 1/400.
Re:I have never read a business plan or balance sheet by throw100g on Sunday February 13, 2022 @04:17AM (#30320456)
I think that is an important fact to know considering the confusion in this thread. There are people commenting that pg surely can't be a genius because this or that he engages in isn't ethical (to them).

But that's the thing, the IQ says absolutely nothing about ones ethical responsibility or the amount of empathy one has.

It is purely measuring "logical thinking ability". Things like "continue this sequence", "recognize a pattern", etc.

I also often see this dangerous assumption that ones political opponents or everyone with a different opinion than the one which seems most rational to ones own must be "stupid". In reality, the problem is that we focus on something as (arguably) unimportant as the IQ, which measures only something very narrow.

Another misconception about IQ is that those who are more poor or have less favourable job positions must have a lower IQ. To give just one counter example to that, very often, people who have some sort of handicap (ASD, ADHD, etc.) are also "gifted", have a high IQ, are good when it comes to logical thinking. But their handicaps still make their lives more difficult in general, so they face more adversity than someone who is "normal".

Sorry that i wrote a wall of text, was just thinking out loud.

In my personal opinion, the IQ is already a little dangerous, because it assigns a "value" to a human life, but that is an entirely different discussion.

Re:I have never read a business plan or balance sheet by majani on Sunday February 13, 2022 @03:49AM (#30320329)
Anyone who manages to start more than one wildly successful business counts as a genius in my book. pg has done it with Viaweb and YC
Re:I have never read a business plan or balance sheet by paganel on Sunday February 13, 2022 @03:54AM (#30320359)
I'm no particular fan of pg and for sure I'm not all that knowledgeable when it comes to VC, but it is my understanding that at the very early stages of investment pitch-decks are pretty much useless, it surprised me when I saw all those people attacking pg for this particular issue.
Re:I have never read a business plan or balance sheet by tkiolp4 on Sunday February 13, 2022 @08:10AM (#30321525)
I didn’t know people consider him a “genius”. Wow, I always consider him a good businessman.
Re:I have never read a business plan or balance sheet by divbzero on Sunday February 13, 2022 @03:05AM (#30320119)
Maybe he’s read one for Viaweb or to help someone pitch? But I believe it in the context of PG as an investor, similar to how Warren Buffett could say he’s “never read” an investment banker’s report.
Re:I have never read a business plan or balance sheet by aww_dang on Sunday February 13, 2022 @05:57AM (#30320857)
There's an obsession with pitch decks and whitepapers in some communities that borders on form over function.

Imagine showcasing a complete Dapp with a tutorial, basically ready for launch excluding some UX changes, and then getting questions about, "What's your roadmap?" or, "Where's your whitepaper?"

I appreciate his perspective here. Words must mean action. Talk is cheap.

Re:I have never read a business plan or balance sheet by moontear on Sunday February 13, 2022 @01:46AM (#30319823)
That one was more puzzling to me. Every one liner people would use to pitch their idea, every elevator talk essentially is a „pitch deck“.
Re:I have never read a business plan or balance sheet by edanm on Sunday February 13, 2022 @01:55AM (#30319857)
That's not what most people mean when they say pitch deck, IMO. Most people are talking about a multiple-slide PowerPoint, covering a bunch of standard topics (team, market, etc).
Re:I have never read a business plan or balance sheet by syzygyhack on Sunday February 13, 2022 @02:37AM (#30320001)
A one-liner is a pitch. A presentation is a pitch deck.
Re:I have never read a business plan or balance sheet by moontear on Sunday February 13, 2022 @03:19AM (#30320180)
Good distinction, thanks!