Facebook Kills TV

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If you're a hacker, you like you tend to like gadgets, right? Sure. And so it's a tendency you have to fight. Just like if you're going to be a good football player, you might have a tendency to get in fights also on the field. So do you see that in your startups that you've got to bring that in? Well, it's not too much of a problem because they have so little time to get something done. It hasn't been a problem. But I'll tell you, every hacker has to fight this.

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.