转 你可以在 95% 的确定性下获得 5% 的回报，这几乎就是 20 次里有 19 次都是免费的赚钱机会 You can make 5% returns with 95% certainty, it’s literally free money 19 times out of 20
Paul GrahamCo-founder of Y Combinator
观点原文
转
你可以在 95% 的确定性下获得 5% 的回报，这几乎就是 20 次里有 19 次都是免费的赚钱机会
You can make 5% returns with 95% certainty, it’s literally free money 19 times out of 20
VC
相关观点
- 保罗·格雷厄姆谈创业本质：YC 第 47 期内训、极度野心与万亿巨头的创始人画像Paul Graham · 2026/09/04
- 我今天和一家初创公司聊过。他们在并没有融资计划的时候，被投资人主动找上门。对方把他们引诱进了接触和沟通流程，结果在整整一年时间里不断消耗他们的精力，最后却直接消失、不再回应。在这段被分心的时间里，公司增长率因此缩小了三分之二。 I talked to a startup today that was approached by investors when they weren't raising. They were lured into talking to them, and the investors wasted a year of their time before ghosting them, during which the distraction caused their growth rate to shrink by two thirds.Paul Graham · 2026/01/18
- 让我对 YC（Y Combinator）感到惊讶的一件事是：我们持续为创始人提供建议的时间之长。 我们原以为，只需要在他们起步阶段给予帮助，然后就把他们交给后期投资人即可； 但事实是——哪怕 10 年过去了，我们仍然在和这些创始人保持沟通、持续交流。 One of the things that surprised me about YC is how long we continue to advise founders. We thought we'd just help them get started and then hand them over to later stage investors, but in fact we're still talking to founders 10 years in.Paul Graham · 2026/01/17
- “与天才争论更容易获胜，而不是与愚蠢的人争论。” — Gurwinder Bhogal "It's easier to win an argument with a genius than an idiot." — Gurwinder BhogalPaul Graham · 2026/01/17