factual

Early stars are invisible until proven

Claims that people recognized founders like Patrick Collison as future stars early are mostly retrospective illusions; the proof is whether they actually invested in early rounds, and most did not, so 'show me the equity' is the real test of who genuinely foresaw success.

factualpending

Speaker

Paul Graham

Evidence Quote

if he had, they would have invested in early Stripe rounds, and they didn’t

Source

Paul GrahamConversations with Tyler
Created: 6/12/2026, 4:55:44 PM

My Notes

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