Investing · Entrepreneur memoirs

Paul Graham:Billionaires Build, Excerpt 4

Paul Graham《Billionaires Build》· Billionaires Build · Investing · Cognition · Action

YC doesn't have time to do this, but if the YC partners can convince themselves that the founders both (a) know what they're talking about and (b) aren't lying, they don't need outside domain experts. They can use the founders themselves as domain experts when evaluating their own idea. This is why YC interviews aren't pitches. To give as many founders as possible a chance to get funded, we made interviews as short as we could: 10 minutes. That is not enough time for the partners to figure out, through the indirect evidence in a pitch, whether you know what you're talking about and aren't lying. They need to dig in and ask you questions. There's not enough time for sequential access. They need random access.

Source: https://paulgraham.com/ace.html
Locator:Essay, additional excerpt 4 · Verified:2026-10-19 · Verification:Short excerpt

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