You are implying that PG thinks money is all important - but he doesn’t think that.
PG: if you had to boil it down to one quality to look for, authenticity would be the most important one. “You’re looking for people who are real friends,” he said to Chang. “Not just for people who got together for the purposes of this startup. You don’t want people who were in it just for the money.
He also talks about how that startup founders that are more interested in the product or the challenge of building a business, make buttloads of cash as a side-effect.
And YC funds nonprofit startups too?
Also from another 2004 PG essay:
“””Money Is Not Wealth
If you want to create wealth, it will help to understand what it is. Wealth is not the same thing as money. [3] Wealth is as old as human history. Far older, in fact; ants have wealth. Money is a comparatively recent invention.
Wealth is the fundamental thing. Wealth is stuff we want: food, clothes, houses, cars, gadgets, travel to interesting places, and so on. You can have wealth without having money. If you had a magic machine that could on command make you a car or cook you dinner or do your laundry, or do anything else you wanted, you wouldn't need money. Whereas if you were in the middle of Antarctica, where there is nothing to buy, it wouldn't matter how much money you had.
PG: if you had to boil it down to one quality to look for, authenticity would be the most important one. “You’re looking for people who are real friends,” he said to Chang. “Not just for people who got together for the purposes of this startup. You don’t want people who were in it just for the money.
He also talks about how that startup founders that are more interested in the product or the challenge of building a business, make buttloads of cash as a side-effect.
And YC funds nonprofit startups too?
Also from another 2004 PG essay:
“””Money Is Not Wealth
If you want to create wealth, it will help to understand what it is. Wealth is not the same thing as money. [3] Wealth is as old as human history. Far older, in fact; ants have wealth. Money is a comparatively recent invention.
Wealth is the fundamental thing. Wealth is stuff we want: food, clothes, houses, cars, gadgets, travel to interesting places, and so on. You can have wealth without having money. If you had a magic machine that could on command make you a car or cook you dinner or do your laundry, or do anything else you wanted, you wouldn't need money. Whereas if you were in the middle of Antarctica, where there is nothing to buy, it wouldn't matter how much money you had.
Wealth is what you want, not money.”””