Paul Graham on Startups, Innovation, & Creativity

We wouldn’t describe Y Combinator as a venture capital firm. What we do is seed funding. There is not really any name for us yet [this podcast is from 2009!], because what we do is new. I have encouraged there to be no name for what we do. Whenever somebody starts to copy us the only way to describe what they are doing would be to mention us. They’d hav…

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