June 23, 2015
Back in 2007, Y Combinator cofounder and partner Paul Graham wrote an essay that focused on the world of investors. More specifically, he outlined an entire guide for hackers on the nature of investors and how to approach them. While the post is from a few years ago, it’s nonetheless applicable to today’s startup landscape. Graham’s hacker guide to investor was recreated in an infographic by Anna Vital at Funders and Founders, which summarizes each of the points in his essay into bite-sized copy and images.
Graham’s Hacker’s Guide to Investors includes 23 points overall. He covers several points in the essay, such as the role of angel investors and their proclivity to fund riskier projects than VCs; how investors differ greatly from VCs; that valuations are mostly founded in myth; and that being turned down by investors doesn’t mean much. He goes into each of these points extensively, and it’s definitely worth a read if you haven’t yet looked at it.
Check out the much more condensed version of Paul Graham’s Hacker Guide to Investors below. Read the full essay by Graham here.
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