"It makes you wonder what else is coming. There won't be anything like that ever again," he says. "You're not trying to anticipate the next big thing. No, by definition, you can’t. If it's a really good idea, then, you know, it'll seem kind of stupid."
Paul Graham, essayist, programmer and partner in the y-combinator talks with EconTalk host Russ Roberts about start-ups, innovation, and creativity. Graham draws on his experience as entrepreneur and investor to discuss the current state of the start-up world and how that world has changed due to improved technology that makes it easier to start a software company. Graham talks about his unusual venture firm, the y-combinator, and how he and his partners work with start-ups to get them ready for more advanced funding. Along the way, Graham discusses why hackers are like painters and how to survive high school.