<![CDATA[Gawker: valleywag, paul graham]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, paul graham]]> http://gawker.com/tag/valleywag/paulgraham http://gawker.com/tag/valleywag/paulgraham <![CDATA[Startup guru Paul Graham's "greatest success" may be floundering]]> I've always thought Scribd, the online document-posting startup, was set up mostly so its investors had an excuse to throw parties. They may not have that excuse much longer, if FuckedStartup's report that Scribd is running out of money is accurate. At a time when any number of startups are running out of money, why fret about Scribd's bank-account balance? Because Scribd was manufactured in angel investor Paul Graham's Y Combinator startup factory.

Graham, who sold a company to Yahoo in the '90s, had become microfamous for Y Combinator, which provided both a social club and seed-stage funding. The summer (and winter) camp for young entrepeneurs spun off any number of companies, which then got venture-capital financing, and then a quick exit courtesy of Google or Yahoo's shareholders.

In the bubbly years when Yahoo and Google were snapping up startups freely, Y Combinator's offspring thrived, or appeared to thrive. Got an online PowerPoint clone? Google will buy it! Graham still seems to be living in his someone-will-buy-it dreamland; he recently proposed that companies hire "chief acquisition officers," to specialize in consuming the fare he dishes out. But the giants of the Web have put acquisitions on hold, and few others are stepping up to the plate.

Is Scribd, once described as Graham's "greatest success," in trouble? We don't know that for sure. We do know that hiring 20 people to create software that lets people post PDF documents to the Web always seemed silly. Having a cocky 20something Harvard grad as CEO may work for Facebook, but we don't think Trip Adler is the next Mark Zuckerberg. But Scribd itself isn't the real story. It's whether Paul Graham's magical startup machine is grinding to a halt.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5069274&view=rss&microfeed=true
<![CDATA[Y Combinator cofounder Paul Graham vs. "one cranky attendee"]]> Why might this this summer's batch of incubator Y Combinator's startups bore you, as they did "one cranky attendee" who told Silicon Alley Insider so? Because you're not as talented at spotting early stage startups as Y Combinator cofounder Paul Graham, says Paul Graham in a comment on the SAI post:

Statistically it's almost certain there will be startups in this batch that go on to be highly regarded. It's a rare skill to be able to judge startups at 10 weeks. I know because I've spent the last 3 years trying to acquire it. Most people who attempt to perform this feat are, like the cranky attendee (and 200 TechCrunch trolls), doomed by not even realizing they lack this skill. But the fact is, most people who'd seen Google at 10 weeks would have thought they were lame too.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5038456&view=rss&microfeed=true
<![CDATA[30 startup ideas Y Combinator wants to fund]]> Y Combinator partners Jessica Livingston and Paul Graham only married in June, but they're ready to start popping them out. More $6,000 checks to fund startups, that is. Together with not-married-to-each-other partners Trevor Blackwell and Robert Morris, the pair put out a 3,000-word list of 30 "Startup Ideas We'd Like to Fund." Sure, a lot of them are obvious, most already done — but the Y Combinator version, with Graham's seal of approval, has a better chance than your run-of-the-mill startup of getting quickly flipped to a gullibly starstruck buyer. A version you'll be able to finish before this fall's application deadline, below.

  1. Two things are broken: record labels and movies.
  2. Simplified browsing. The space between a digital photo frame and a computer running Firefox.
  3. New news. PerezHilton and TechCrunch, Reddit and Digg are just the beginning.
  4. Outsourced IT.
  5. Enterprise software 2.0 for smaller companies.
  6. More variants of CRM: make interactions with customers much higher-res.
  7. Something your company needs.
  8. Dating.
  9. Photo/video sharing services.
  10. Auctions. EBay is doing a bad job.
  11. Web Office apps.
  12. Fix advertising.
  13. How can you teach kids through the web?
  14. Tell who the most productive people are in large organizations.
  15. Off the shelf security. Stitch together alternatives out of cheap, existing hardware and services.
  16. A form of search that depends on design. Google has no sense of design.
  17. New payment methods.
  18. The WebOS.
  19. Application and/or data hosting. Start by writing Basic for the Altair.
  20. Shopping guides. How do you decide what you want?
  21. Finance software for individuals and small businesses.
  22. A web-based Excel/database hybrid.
  23. More open alternatives to Wikipedia.
  24. A buffer against bad customer service: a wrapper around common bad customer service experiences.
  25. A Craigslist competitor.
  26. Better video chat.
  27. Hardware/software hybrids: iPod/iTunes.
  28. Fixing email overload.
  29. Easy site builders for specific markets. What's the best way to make a web site if you're a lawyer?
  30. Startups for startups. We're one; TechCrunch is another.
]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5027465&view=rss&microfeed=true
<![CDATA[Weebly, the worst Web 2.0 app to make an escort site with ever]]> If there's a legitimate use for Weebly, it has been seared from my brain by the one-two assault of Pierce89's escort site, which is also one of the webpage-building service's most-trafficked subdomains. It's not that running a girl-for-hire agency off of a free website generator backed by Paul Graham's Y Combinator is illegitimate. It's just that Pierce89 is doing it wrong, with an autoplaying loop of Mariah Carey and the Slide-powered rotation of escort photos with dancing flower blossoms layered over them. User-generated Ajax-and-widgets nonsense has lowered the barrier for every aspiring player with a Boost mobile phone and an Internet connection, but this is a new sex-trade low. For god's sakes, if you can't be bothered with a real URL, why not just really let yourself go and cobble together Xanga and Photobucket?

Pierce89 Loves Weebly!

And no, hiring a girl who is so brazenly branded with sex-shorthand like "BBBJ" is not a safe idea, as much as I don't want to lose these ladies any business. Girls, discretion — and getting your own blog — is advised.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5015096&view=rss&microfeed=true
<![CDATA[Reddit cofounder blabs about Y Combinator founders' secret wedding]]> We'd heard in April that Paul Graham and Jessica Livingston, the pair behind startup factory Y Combinator, were partners in love as well as life. The two tied the knot over the weekend, Twittered Reddit cofounder Alexis Ohanian, a graduate of Y Combinator: "Sorry ladies, PG said 'I do' - 'twas a great wedding." We're sure it was — anyone have pictures — or insights into why the two have been so secretive about their romance?

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5012319&view=rss&microfeed=true
<![CDATA[Yahoo millionaire Paul Graham secretly engaged to Jessica Livingston]]> Commenters on Hacker News, a Web discussion board, got their panties in a bunch over the weekend over whether to ban stories from Valleywag from the site. The move netted the otherwise obscure site, mostly frequented by graduates of Paul Graham's Y Combinator startup incubator, some coverage from Michael Arrington on TechCrunch. It also netted us a tipster who let us know Hacker News founder Graham, best known for flipping an e-commerce startup to Yahoo more than a decade ago, was engaged to longtime lover Jessica Livingston, author of Founders at Work.

Congratulations, you crazy kids! Mazel tov! The two were reportedly affianced back in October, though it's not clear if a date has been set for the nuptials. Apparently most everyone at Y Combinator knows already, but the couple has otherwise worked to keep it a secret. So, um, guess we're not invited.

(Personal to "Jimmy Wales" on TechCrunch: We'd be happy to send you a milkshake any time, Jimbo).

(Photos by Gabor Cselle)

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=379498&view=rss&microfeed=true
<![CDATA[Yahoo to sell at $36?]]> A little more grist for the Yahoo/Microsoft rumor mill from Y Combinator:

Husband of a friend works in management over at Yahoo. She says the word is around the water cooler, that Yahoo's looking for around $36 a share, and then will sell.
Y Combinator, a startup incubator, is unaffiliated with Yahoo, but was founded by Paul Graham, who sold a company to Yahoo a decade ago.

The commenter continues:

He's hoping it happens so he can cash out his stock, and then bail. He worked 18hr days x 1 yr to get a big project out the door, thinking he'd be a big promotion or raise... he got a trophy, a pizza dinner and a $1000 check. His team got bupkiss.

Sounds like morale is pretty low, and sound like there's going to be a lot of engineers looking for new jobs soon. Or, a lot more startups rising [from] Yahoo's ashes.

Yahoo was last priced at $36/share in January 2006.]]>
http://gawker.com/index.php?op=postcommentfeed&postId=355173&view=rss&microfeed=true
<![CDATA[Chris Sacca leaves Google, continues do-nothing plan]]> Chris SaccaIn a long-overdue move, Chris Sacca, Google's "director head of special initiatives," has left the company. Cleverly, though, he's moving into a new career where he can continue to talk a lot and let others do the work: He's becoming an angel investor, working with Evan Williams's Obvious, the company which spun off Twitter, and Paul Graham, whose Y Combinator specializes in funding companies with utterly adorkable names. We figured Sacca's career at Google might be foreshortened when Google listed an opening for a "director of other," since that pretty much sounded like Sacca's job. Doing anything other than work. Congratulations, Chris: In a Valley that unfairly discounts laziness, you're now the ultimate value stock.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=333534&view=rss&microfeed=true
<![CDATA[Yahoos and hacks clutter The Lobby]]> TheLobby.jpgReally, we're confounded. David Hornik's Lobby conference is ostensibly an invite-only affair. But some of the attendees had us scratching our head. Spotted, Yahoo's Bradley Horowitz, Brad Garlinghouse and Kiersten Hollars enjoying some sun instead of participating in Jerry Yang's 100-day turnaround of the company. Then there's Jessica Livingston and Paul Graham from Y Combinator. There's nary a 22-year-old wantrepreneur in sight, so what's the draw of this conference for them? Other inexplicables: Kara Swisher from AllThingsD, and TechCrunch heavyweight Michael Arrington, two notoriously gossipy hacks. Wasn't this event supposed to be off the record? And does Arrington even know what that means? (Photo by bradley23)

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=315220&view=rss&microfeed=true
<![CDATA[Email startup takes on filmmaking]]>
A note to venture capitalist Rob Hayes of First Round Capital. Remember the cash you plunked down on Xobni, the party-throwing email startup? This is where your money's going.

Email startup Xobni ("inbox" spelled backwards) has released a short film aimed at recruiting new engineers to join their team. Filmed with a clear nod towards Reservoir Dogs and Office Space, the clip includes an efficient German manager, gratuitous toilet humor (the bathroom stall is labeled "Outbox"), an Indian-accented sock puppet, and an appearance by Y Combinator guru Paul Graham, who bought the cameo, in a sense, by providing Xobni's seed round.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=305865&view=rss&microfeed=true
<![CDATA[Paul Graham's near-death experience]]> Paul GrahamWe suspect Paul Graham will not be very popular in Sunnyvale today. The entrepreneur sold his e-commerce venture, Viaweb, to Yahoo for nearly $50 million in 1998 — a rich sum for the time. He's gone on to success coaching and funding other startups through his Y Combinator incubator. In a speech he gave to his latest hatchlings called "How Not to Die," on the mortal perils faced by startups, Graham makes a striking revelation. Even as he was negotiating the sale to Yahoo, Viaweb was on the verge of running out of money. Was Viaweb really worth $50 million? Or nothing? Then as now, in the Valley, there's a fine line between worthless and wealthy.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=295574&view=rss&microfeed=true
<![CDATA[Crystal Tower, the startup dorm, loses elevator service]]> Ever since Justin.tv moved in, Crystal Tower Apartments in San Francisco's Russian Hill neighborhood has gotten the reputation as a dorm for 20something startuppers. A recent elevator breakdown, now fixed, left some residents to hoof it all the way up the 12-story building. Justin.tv has moved out, but current residents include the entire staff of email startup Xobni and Web-page builder Weebly, as well as employees of Snipshot and Scribd. The connection? All four companies were backed by entrepreneur Paul Graham's Y Combinator incubator. And more are moving in soon, Weebly CEO David Rusenko says. The proximity is a bonus for the tightly networked group of companies — but the elevator episode should be a sobering reminder to all of them of what happens when your startup has a single point of failure.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=294156&view=rss&microfeed=true
<![CDATA[Game the system]]> We've dissected Time's list of the five worst websites. Now it's your turn to tweak their poll for the best ones to your satisfaction. (Time.com is still using the same weakly protected polling system as the heavily gamed People Who Matter Now poll from Business 2.0.) The kids from Y Combinator, entrepreneur Paul Graham's startup camp, have already admitted to artificially beefing up the votes for Weebly, a Y Combinator-backed startup — but why let them have all the fun? Here are Valleywag's picks on whose ballots to stuff.


  • Weebly: It has a head start, so let's see if we can push them back down!
  • ING Direct: A boring bank, but its fees are low, so vote it up.
  • StumbleUpon: Take pity on the StumbleUpon guys: They just got bought by eBay, so they could use some cheering up.
  • Bix: How meta — voting for Yahoo's online version of the American Idol vote-a-thon. We're betting this one doesn't come back next week.
]]>
http://gawker.com/index.php?op=postcommentfeed&postId=276893&view=rss&microfeed=true