How to earn a billion dollars(paulgraham.com)
705 points by kingstoned 3 days ago | 1851 comments
tl;dr: Paul Graham argues that becoming a billionaire through startups doesn't require exploitation, just exponential growth: a startup growing 15% monthly will be worth ~4,384x more in five years, making founders billionaires without cheating. The key is building something users love enough to tell their friends about, which is best achieved by young founders making things they and their friends want, often via side projects rather than deliberate idea hunting. The two variables that matter are growth rate (driven by user love) and duration (driven by market size)—neither of which cheating can meaningfully affect.
HN Discussion:
  • Critics are unfairly negative and ideological; startups creating jobs is preferable to alternatives
  • PG is out of touch with reality due to decades of wealth and isolation from material concerns
  • Sustained exponential growth rates assumed by PG are mathematically unrealistic in practice
  • PG ignores what 'earning' actually means and disregards luck, inheritance, and economic rent
  • Billionaire wealth inherently requires exploiting employees or causing societal harm regardless of founder intentions