korrents

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Founders' reputation for overconfidence is sample bias; most good startups actually underrate themselves.

Drawn from what Paul Graham said

What this subject means

humility Knowing what you do not know: whether it makes you learn and decide better, or costs you the self-belief that gets things done.

What Paul Graham actually said

  1. Paul Graham Co-founder of Y Combinator and Viaweb
    Startup founders have a reputation for overconfidence, but this is just sample bias; the arrogant ones are also the loudest. Even now most good startups underrate themselves, so it really helps to encourage them.

Added to korrents 29 Aug 2026 · How quotes work · Something wrong? Tell us

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