Tony Kulesa on Paul Graham and Y Combinator

What makes for the magic of Paul Graham?  Here is one short excerpt from a new essay by Tony Kulesa:

Therefore one could summarize YC’s structure as:

• Invest in young, smart, energetic, and determined hackers
• Give them enough money to pay for living expenses, but not much more
• Give them a few months to build something, launch it, and see some evidence of growth

And, since finding good ideas is hard, get statistics on your side by batch processing startups – run as many of these experiments as you can in parallel.

The piece is very good throughout, and considers how Paul created a community and an ethos through his writing.  Here is a follow-up essay by Eric Gilliam.