"The antidote is people. It’s not the physical infrastructure of Silicon Valley that makes it work, or the weather, or anything like that. Those helped get it started, but now that the reaction is self-sustaining what drives it is the people."

"When you're forced to be simple, you're forced to face the real problem. When you can't deliver ornament, you have to deliver substance."

Paul Graham writes about the changing funding landscape for startups.

Paul Graham's ideas about the future of startup funding.

"But what Yahoo really needed to be was a technology company, and by trying to be something else, they ended up being something that was neither here nor there. That's why Yahoo as a company has never had a sharply defined identity."

Paul Graham on the acceleration of addictiveness in our society.

"I think most people have one top idea in their mind at any given time. That's the idea their thoughts will drift toward when they're allowed to drift freely."

"The solution is to develop new alarms. This can be a tricky business, because while the alarms that prevent you from overspending are so basic that they may even be in our DNA, the ones that prevent you from making bad investments have to be learned, and are sometimes fairly counterintuitive."

"The best way to come up with startup ideas is to ask yourself the question: what do you wish someone would make for you?"