Re:Paul Graham is an investor in the company trying to kill ...
by nostrademons on Saturday April 08, 2023 @11:36AM
(#35494308)
It's not that hard for a good investor.
Paul Graham, the person whose tweet started this thread (and also the founder of the site you're posting on, BTW) hit the business lottery with Reddit, Airbnb, Stripe, DropBox, Coinbase, Substack, Instacart, DoorDash, and many smaller or enterprise-focused companies. He just doesn't put his name on companies he funds as "founder", even though in some cases (eg. Reddit) he actually did come up with the idea for the company.
Elon Musk has a habit of finding a good business idea, investing in people who are already working on it, and then taking over the company from them.
Paul Graham, the person whose tweet started this thread (and also the founder of the site you're posting on, BTW) hit the business lottery with Reddit, Airbnb, Stripe, DropBox, Coinbase, Substack, Instacart, DoorDash, and many smaller or enterprise-focused companies. He just doesn't put his name on companies he funds as "founder", even though in some cases (eg. Reddit) he actually did come up with the idea for the company.
Elon Musk has a habit of finding a good business idea, investing in people who are already working on it, and then taking over the company from them.