Investing · Entrepreneur memoirs
Paul Graham:Billionaires Build, Excerpt 2
Paul Graham《Billionaires Build》· Billionaires Build · Wealth · Investing · Leadership · Human nature
They have 1001 heuristics for doing this, and I'm not going to tell you all of them, but I'm happy to tell you the most important ones, because these can't be faked; the only way to "hack" them would be to do what you should be doing anyway as a founder. The first thing the partners will try to figure out, usually, is whether what you're making will ever be something a lot of people want. It doesn't have to be something a lot of people want now. The product and the market will both evolve, and will influence each other's evolution. But in the end there has to be something with a huge market. That's what the partners will be trying to figure out: is there a path to a huge market?
Source:
https://paulgraham.com/ace.html
Locator:Essay, additional excerpt 2 · Verified:2026-10-19 · Verification:Short excerpt
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Does this passage change one judgment about money or risk today?
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