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Paul graham essays advisors equity equation


paul graham essays advisors equity equation

and augmenting the language plays a proportionately larger role in Lisp style- so much so that Lisp is not just a different language, but a whole different way of programming. Once you've acquired a large substrate of utilities, writing a new program can take only a fraction of the effort it would require if you had to start with raw Lisp. Clone or download, clone with https, use Git or checkout with SVN using the web URL. While the Equity Equation gives a growth rate that gets a founder back to what she had, it does not account for what she could have had. Paul Grahams Equity Equation ( here ) is a great read about how an entrepreneur should think about the minimum impact an investor should have on a company in order to justify the investment. As well as top-down design, they follow a principle which could be called bottom-up design - changing the language to suit the problem.

Paul graham essays advisors equity equation
paul graham essays advisors equity equation

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When a small group also takes advantage of functions of capital market essays the techniques that Lisp makes possible, it can win outright. And when language and program fit one another well, you end up with code which is clear, small, and efficient. Eric McCarthy, venture Partner @ Columbia University. Like the border between two warring states, the boundary between language and program is drawn and redrawn, until eventually it comes to rest along the mountains and rivers, the natural frontiers of your problem. However, at the same time, it extends the limits of what can be done by a small group. Entrepreneurs should ask themselves the following: do we believe that an investment from this particular VC will allow the firms value to increase by at least.9? As industrial designers strive to reduce the number of moving parts in a machine, experienced Lisp programmers use bottom-up design to reduce the size and complexity of their programs. Instead of a lintel, you'll get an arch.

More on this later. Experienced Lisp programmers divide up their programs differently. In the end your program will look as if the language had been designed for. Therefore, I propose that we add an organic growth term, o to this equation.

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