How to Be a Successful Y Combinator Partner

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Y Combinator partners read applications and rank them. The ones that do best in the application form, we invite to meet us in person. They come in and it's sort of like a court martial arts. It's four of us sitting there and they come in and sit down. We just ask questions for 10 minutes.

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.