1 hour ago · Culture · 0 comments

I felt like a skating coach hearing someone say that it's impossible to do a triple axel. Of course it's possible. It's hard, but it's possible. -- Paul Graham on earning a billion dollars***In the wake of the latest populist drivel against "billionaires" by Alexandria Ocasio-Cortez, venture capitalist Paul Graham decimates her assertion, notably its smuggled-in premise that one must necessarily cheat others on the way to amassing a net worth of billion dollars.The crux of Graham's argument is that startup founders like the ones he coaches and invests in do such a good job helping their customers that word-of-mouth helps their businesses grow exponentially:A couple days later I was talking to the founder of a startup I'd funded. I began by asking, as I usually do when I meet a founder, what her growth rate was. 93% last month, she said. I pointed out that this meant her net worth was also growing at 93% a month. She was getting richer at a stupendously rapid rate. And yet she hadn't…

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