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	<title>Eureka Man &#187; Business</title>
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		<title>Paul Graham&#8217;s new compiler</title>
		<link>http://eurekaman.com/paul-grahams-new-compiler</link>
		<comments>http://eurekaman.com/paul-grahams-new-compiler#comments</comments>
		<pubDate>Mon, 26 Mar 2007 09:39:07 +0000</pubDate>
		<dc:creator>Eureka Man</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Coding]]></category>
		<category><![CDATA[Ideas]]></category>
		<category><![CDATA[Meta-Ideas]]></category>

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		<description><![CDATA[At Startup School, Paul Graham told us of Y Combinator&#8217;s new policy for funding teams:

Photo by ybboey
If you don&#8217;t have a good idea, no problem, he&#8217;ll give you one &#8211; as long as you&#8217;re awesome.  Oh to be Paul Graham.  To have teams of shit hot coders fighting to be accepted by you [...]]]></description>
			<content:encoded><![CDATA[<p>At <a href="http://startupschool.org/">Startup School</a>, Paul Graham told us of <a href="http://www.ycombinator.com/">Y Combinator</a>&#8217;s new policy for funding teams:</p>
<p><a href="http://flickr.com/photos/biao/433305036/" title="Photo Sharing"><img src="http://farm1.static.flickr.com/160/433305036_1af6752d12.jpg" width="500" height="375" alt="03-10-07_2243.jpg" /></a><br/><br />
Photo by <a href="http://www.flickr.com/people/biao/">ybboey</a></p>
<p>If you don&#8217;t have a good idea, no problem, he&#8217;ll give you one &#8211; as long as you&#8217;re awesome.  Oh to be Paul Graham.  To have teams of shit hot coders fighting to be accepted by you so that they can work on your idea <a href="http://ycombinator.com/faq.html">all summer, for minimum wage</a>.  He has created the world&#8217;s first <a href="http://en.wikipedia.org/wiki/Natural_language">ultra-high-level</a> compiler. I&#8217;m being disingenuous of course.  This compiler has (at least two) minds of it&#8217;s own, and Paul doesn&#8217;t really mind if it doesn&#8217;t do what he asks just as long as there&#8217;s a fair chance it will make him some money.</p>
<p>Here&#8217;s his full pres:<br />
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