Hacker News Reader

As Michael has said in one of the shows getting to PMF is a miracle. If you’re already set for life it’s less risky to play the odds by investing in hundreds of startups rather than starting one. Also there’s altruistic motives in giving back to the community etc.

View on HN

> If you’re already set for life it’s less risky to play the odds by investing in hundreds of startups rather than starting one.

Risky is not the word I would use to phrase that, at least not in the financial sense. There's little such risk there, "if you're already set for life" as you said.

More comfortable, for sure. Easier. PG has said as much himself on X several times when asked whether starting a company or investing was harder.

I agree with you I meant reputational risk and the amount of output per level of input. It's hard to be as hungry once you've 'made it' or at least, your drive changes. Arguably at that level you can have more impact as a mentor of a large number of domain experts doing great work rather than trying to becoming one yourself.

What is PMF ?

Product Market Fit

Product Market Fit. Basically, can you find through iteration something that people really want and are willing to pay for

Product Market Fit

Reply on news.ycombinator.com