September 3, 2006

paul graham on techcrunch

Techcrunch’s Marshall Kirk­pa­trick has a great inter­view of the highly-respected VC, Paul Graham:

Marshall: You’ve said that having a good busi­ness model is not impor­tant for star­tups because the good ones are lia­ble to change models seve­ral times any­way. Yet many peo­ple believe that the absence of via­ble busi­ness models is one of the pri­mary indi­ca­tions that we’re in a bub­ble. Do you disa­gree with that?
Paul: What I tell foun­ders is not to sweat the busi­ness model too much at first. The most impor­tant task at first is to built something peo­ple want. If you don’t do that, it won’t mat­ter how cle­ver your busi­ness model is.
Of course you have to have a busi­ness model even­tually. But expe­rience so far sug­gests that figu­ring out how to make money from something popu­lar is a lot easier than making something popular.

Great stuff.

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2 Responses to “paul graham on techcrunch”

  1. Sheamus says:

    The bold has a ring of truth… And Hugh, you have something that peo­ple have found popular!

  2. Jean-Louis Seguineau says:

    Yes, a gift with a pen­cil ;)
    But tell me, is the inter­view the real rea­son for your latest somewhat more cyni­cal series?
    Keep scribbling