I remember reading Paul's essays, pre YC. When he wrote the essay announcing it, I remember thinking, "This guy is crazy, all he's gonna get is a bunch of school projects." Sure enough, he did, and wrote about it. I felt vindicated by that, saying to myself, "I knew THAT was going nowhere." People like to be correct in predicting failure for others, for whatever reason. After reddit, loopt, zenter, anywhere.fm, etc.,…
I know there are a lot of people like this, but there is also a perhaps equally-large number of people who feel the opposite way. Personally, I love to be proven wrong when I predict failure, unless I have some other reason for wanting someone to fail (they use unethical practices, they're my direct competition, etc.).