“How to Make Wealth”

Terrific essay by venture capitalist Paul Graham.

Economically, you can think of a startup as a way to compress your whole working life into a few years. Instead of working at a low intensity for forty years, you work as hard as you possibly can for four. This pays especially well in technology, where you earn a premium for working fast.

Craig Newmark

Associate Professor of Economics, North Carolina State Univ.

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