"What about Paul Graham, who said you shouldn’t spend your time thinking about price, you should spend it trying to get into the best companies? Doesn’t that imply that he thinks you can pick?
You mean Paul Graham of the incubator that backed 630 companies, each at a $225,000 pre-money? Oh, ok. If you convince 630 companies started by Stanford engineering grads to take a $225,000 pre-money, then you can go telling other people they should be pickers too.””