“ The whole summer was full of surprises. The best was that the hypothesis we were testing seems to be correct. Young hackers can start viable companies. This is good news for two reasons: (a) it’s an encouraging thought, and (b) it means that Y Combinator, which is predicated on the idea, is not hosed.
—
Great find Bijan. Young hackers have been starting companies forever so I am surprised that Paul was even doubtful. That said, he’s added something important to the support system for those young entrepreneurs that Jobs and Woz did not have.
Paul Graham, Oct 2005, after the first YC summer program. (via bijan)
