Paul Graham：How People Get Rich Now, Excerpt 7

But there's no contradiction here; the startups that raise the most are the ones doing it by choice, in order to grow faster, not the ones doing it because they need the money to survive. There's nothing like not needing money to make people offer it to you. You would think, after having been on the side of labor in its fight with capital for almost two centuries, that the far left would be happy that labor has finally prevailed. But none of them seem to be. You can almost hear them saying "No, no, not that way." [ 9 ] IBM was created in 1911 by merging three companies, the most important of which was Herman Hollerith's Tabulating Machine Company, founded in 1896. In 1941 its revenues were $60 million. Hewlett-Packard's revenues in 1964 were $125 million.

Source： https://paulgraham.com/richnow.html
Locator：Essay, additional excerpt 7 · Verified：2026-10-19 · Verification：Short excerpt

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