The Start-up Guru: Y Combinator's Paul Graham, Venture Capital Article - Inc. Article
[...] Cheap meals are, in a strange way, part of Y Combinator's formula for start-up success. Graham wants founders to spend as little money as possible. Live cheaply enough, he believes, and you can become cash-flow positive without going on a lot of sales calls or spending too much time talking to investors. Graham calls this "ramen profitability" and says it allows companies to say no to bad investment terms and forces them to think about long-term viability. It also ensures that most Y Combinator founders are in their 20s -- or, for the few who happen to be older, that they are capable of living in dormlike conditions [...]
[...] Running a start-up is like being punched in the face repeatedly," he says. "But working for a large company is like being waterboarded."[...]
[...] start-ups are the answer to the world's problems; that they are easy to make if you are determined enough and cheap enough; and that it's getting a lot easier to start one [...]"
Eh, les jeunes, lisez aussi cet article [et d'autres sur le même blog] !
