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I think if you're running a big company you have to be cautious about what you say in public. If you're just an investor you can take more risks.

Spending a decade publishing essays that got port-scanned by forum trolls has also helped. It has trained me to make sure what I'm saying is true before I hit submit. (Or at least within a few minutes of hitting submit; I added the delay feature to HN explicitly for this purpose.)

I did not even realize that the delay feature existed. Neat!

>It has trained me to make sure what I'm saying is true before I hit submit.

I was having a conversation with a friend of mine recently about how talking to her was forcing me to research more, and how that was good. Anytime I'm talking to this friend [via email], I'll spend quite a bit more time researching than I do actually writing.

This is one of the many reasons I love HN so much. It's filled with staggeringly brilliant people, and it forces me to go out and learn things before submitting.

So thanks for that.

essays... port-scanned by forum trolls

This is a truly priceless mental image.

I thought it was great that you dropped in on Hacker News — something like this is exactly the kind of low-cost commentary we need from some of the leaders of the valley from time to time.

I feel like there are at least a few disagreements about the state of a tech bubble in the valley. I mean, the poll got a few votes, so it's an issue worth noting — right? Then again, that probably comes from a significant amount of inexperience on my end. But I feel like your opinion is valuable even outside of the subset of the conversation in Hacker News. (Maybe we need a Bolzanno-Weierstrass analogy for discussion within specific venues and the discussion in the valley as a whole.)

I just think something like this is an easy way to get your opinion on the matter without having to get in front of you and waste your time on an issue that isn't exactly pressing. I mean, I don't know how I would feel if reporters hounded me every day asking if I still believed there was a tech bubble. But it's still an issue that obviously a lot of people care about and like to read about.

Anyway, my two cents. But, like I said, I'm pretty inexperienced when it comes to this whole "silicon valley" thing.

I've seen Mark around town a couple of times.

The first time I was shocked. I had just moved here and was looking for some curry paste, so I went to Ranch 99 in Mountain View. I turn around the corner, and bam, Mark Zuckerberg and his girl. We had this weird eye contact thing.

I walked around the store a couple of times, running into him again in a similar fashion (I didn't know where anything was at), and ended up being behind him in line.

Second time was in PA, I was just walking downtown to the Vans store, and same thing. Saw him on the street, made eye contact, etc...

Next time I see him I'll probably say hi, but nobody was bugging him. I guess I was surprised that somebody that high profile would be out and about, even in a place like SV.

Most egos in the valley are far too big to be starstruck by another geek ;)

I don't think that's exclusive to the Valley, and I've never really understood it.

One of the things I miss about living in a smaller place is when a band would come to town, they would generally play at a smaller venue than they would for a place like SF. After the show, you could go up and talk to them, shoot the shit, etc... The funny thing was, most people still wouldn't take advantage of that opportunity. I usually did, and I got to talk to a lot of cool people because of it.

But while an iconic indie rock legend is still a bit different that someone like Mark Zuckerberg, people are still just people.

I imagine Mark Zuckerberg has now become a real celebrity. Not just a member of the Tech elite.

Yeah, having just read (and responded to) that comment and then seeing the story, I find it a bit irritating the way a reasonable comment is taken out of context and turned into a sensationalistic headline.

The way I read PG's original comment was not "There Is No Bubble", but rather "Internet companies are a lot cheaper, smarter, and overall better than they were in the 90s".

I never know what people mean when they call a headline "sensationalistic." Do you mean that the headline made you experience a feeling? Do you object to feelings? Do you prefer reading material that leaves you numb or bored? Bottom line, it's a critique that seems singularly superficial and insubstantial. I think you're probably capable of making smarter observations about an article and I encourage you to do so.

Well you'd expect such a reply from Paul right? He benefits from the lofty valuations when any of the YC incubated companies get bought. So no surprises here.

If I thought there was a bubble and was cynically trying to exploit it, I would have just said nothing.

Right, it would be insane for him to ever publicly communicate any possibility of a bubble, since it would certainly get picked up by the tech press, and potentially cause direct material harm to his interests.

Not that I think Paul is that calculating, but if YC were a public company, it might even be illegal per fiduciary responsibility.

Its also an "away-from" strategy. Imagine you were a hard-hitting tech founder like Paul Graham and there was even a possibility there was a bubble? Everyone knows bubbles can be painful and should be avoided intelligently at all costs.

The right man in the right situation turns "calling a bubble" into a move to focus and motivate. Instead of trying to hide an impending bubble, you are creating the resources necessary to do something that will eventually win mind-share.

Knowing how to generate multiple revenue streams with a fixed engineering cost is a good start.

On a similar note, Barack Obama mentioned in his interview with Fox last week that one of the downsides of being a President is that he lost the ability to have casual conversations with people. A public figure in any domain has to live with this.

If you're Mark Zuckerberg, or Paul Graham,...do you still get to sit at the lunch table with everybody else?

This is such a funny question. I'm the co-founder of http://LetsLunch.com: we let you apply for lunches with Silicon Valley celebrities and you'd be surprised how approachable they can be.

But really, we are a way for fellow HNers to meet each other without the obstruction of a computer screen.

That's because we believe in is that there are plenty of brilliant people you could meet (over lunch...) who are not famous yet. Those are the people you want to get to know. Meeting pg is just icing on the cake :-)

Nothing wrong with a shameless plug :-P (I'm sure you understand that I didn't literally mean lunch...). That seems like it would be really fun, like a blind date, except you're looking for technical connections, not romantic ones.

But by saying lunch, you hit the nail on the head. Actually taking the time to sit down with someone for lunch is one of the highest forms of respect. In contrast, a meeting in a cold conference room doesn't convey the same message.

Just curious, is there a company like LetsLunch in NYC? Are you possibly planning an expansion?

Yes, we are working on expanding, especially NYC. No announcement yet, it's tricky but a very big opportunity.

Also, I've met Matt Lynley.

Not really a fan, but whatever.

(My Personal Opinion: I got the feeling he sort of has a sensationalist persona, but I guess that's what you need to be a "journalist" these days)

We've met?

Sorry you aren't a fan — but it seems like there aren't many of us in this line of work with fans to begin with.

I have a project about it... I am sure more than one of these guys are posting anonymously on the Internet... the challenge is discovering their aliases.

That being said, PG is uber active here. http://news.ycombinator.com/threads?id=pg

Yes, I think blhack knows that after almost three years ;)

I'm not sure if this is some sort of hack, but your avg score right now is pi.

And your total score is 3333

3336, quick, someone downvote me!

And he used to be here: http://news.ycombinator.com/threads?id=nickb

They probably just do it under a fake name.

Isn't that a huge liability?

I think it depends on what you're doing with it. John Mackey (of Whole Foods) caught some significant flack and legal trouble for talking about Whole Foods stock very glowingly under several aliases. That'd be a problem.

But, if it's just for "shooting the shit", about random topics unrelated to your bottom line, I can't see that it would cause any trouble.

how so? honest question.

Because if the fake name is ever "outed", then the bloggers and tech journalists will go nuts over it.