Advice for Startups from Paul Graham

Excerpts of wisdom for startups from Paul Graham, from Startups in 13 Sentences:

"…it's better to make a few people really happy than to make a lot of people semi-happy."

"Launch fast and iterate."

And of the 13 pieces of advice he offers to startups, he deems this the most important:

You can envision the wealth created by a startup as a rectangle, where one side is the number of users and the other is how much you improve their lives. [2] The second dimension is the one you have most control over. And indeed, the growth in the first will be driven by how well you do in the second. As in science, the hard part is not answering questions but asking them: the hard part is seeing something new that users lack. The better you understand them the better the odds of doing that. That's why so many successful startups make something the founders needed. 

[2] In practice it's more like a ragged comb.

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