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Coincidentally, I was just reading this rather insightful essay on press releases http://paulgraham.com/submarine.html yesterday, and remember a line that stood out:

>'why he's writing about this subject at all.'

Makes one wonder what PG today, would say in response to PG (2005) :p

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You started me of on a trail that ended up here (so far): http://www.nytimes.com/2012/07/23/business/venture-capital-f...

Pretty interesting stuff, possibly even inspiring some ideas.

@wamatt, agree regardless of the "why" PG's email feels petty, YCombinator and its way too many startups are jumping the shark

With their business model, the more startups the more likely they are to get a homeruns and base hits, as long as they can maintain a minimum standard that's strongly correlated to outcome (which PG seems to have figured out). It's an odds and numbers game.

YC is billed like the yankees, but singles more likely, how did the Seattle Mariners do with Ichiro all these years?

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