Paul Graham on Start-ups, Innovation, and Creativity
EconTalk
00:00
How to Fund a Startup in the First Batch
Justin.tv is the leading live streaming video site, and it gets more viewers than Hulu or something like that. The Justin.tv guys were doing a different startup that failed but then we liked them so much they funded their next one. Another startup in the first batch was Reddit. Do you know Reddit? The social news site, right? That was in the firstbatch. And there was a startup in thefirst batch that was the first one that got bought. Actually, it was called TextPayme. It got bought almost instantly out of that batch.
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