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The Book of Graham

leveragedsellout.com

21–30 of 125 posts

Re: The Book of Graham

#21

I don't get it. What's the intended message for his younger brother? That you should go into a steady, well-paying career because then you'll be able to impress women by picking up the tab at a fancy restaurant/bar? Or was it just poking fun at YC-as-a-cult?

I think the article pokes fun at startups and finance alike.

Re: The Book of Graham

#23
It seems that a lot of people are missing the point. Leveraged Sellout was famously satirical of the financial markets in the heady pre-crisis days of '06-'08. Even published a book: http://www.amazon.com/Damn-Feels-Good-Be-Banker/dp/B0023RSZK...

The site was quiet for a long time and has very recently re-emerged to take on the tech industry - albeit from the perspective of the New York finance type.

Outlandish and uncomfortably true.

Re: The Book of Graham

#24

Dup: https://news.ycombinator.com/item?id=7220385

I think that the fist comment in the other thread is interesting. (I just notice that it was wroten by you.)

> To the uninitiated, this is a humour blog that was active until the debt crisis, focused on made up stories and rumors: http://www.leveragedsellout.com/2008/10/remember-the-titans/ .

Re: The Book of Graham

#25
This is satire guys. Hopefully it's intentional satire, and not an unintentional self-parody of how wall street guys think.

Re: The Book of Graham

#26
post #19

Considering this guy is running a finance/consulting parody website, I have to assume there's a measure of jealousy and regret that the website he is running does not have attractive enough characteristics to be let into Y Combinator, although he must swim in some of the same circles as these startups. The main question I take away from reading this is how the average payout to a young college grad compares on wall s…

[deleted]

Re: The Book of Graham

#27
This is incredibly well-written. As someone who has a brother at Wharton and parents in the healthcare and legal fields I found myself smiling often. Was the iPad smashing too much though? Is that what rich people do?

Re: The Book of Graham

#28
post #23

It seems that a lot of people are missing the point. Leveraged Sellout was famously satirical of the financial markets in the heady pre-crisis days of '06-'08. Even published a book: http://www.amazon.com/Damn-Feels-Good-Be-Banker/dp/B0023RSZK... The site was quiet for a long time and has very recently re-emerged to take on the tech industry - albeit from the perspective of the New York finance type. Outlandish and u…

Yeah some of these comments seem to take the piece on face value. However, the satire is brilliant.

Re: The Book of Graham

#29
And when the check came, I passed it to Eric and watched his eyes widen at the total. The host came over, expecting his card. I could see Eric sweat. “Oh, this shouldn’t be a problem,” I assured him. I turned to the host: “You accept equity, right?” Her face contorted. I elbowed my cousin. “Eric – tell her about your startup.” he's such a dick, I love it.

Re: The Book of Graham

#30
There's an uncomfortable truth here. In the last 3 or 4 years, tech startups have started to become the fashionable choice for unthinking MBAs, taking the place of Investment Banking and Private Equity before it.

I was at a conference recently organised by University College, London (arguably the top science & engineering school in the UK). With no hint of irony, the organiser welcomed attendees - "we're all here because startups are the best way to get rich after college".

In the last week, I've been contacted by 3 separate people I knew from Law school asking me how they can get into startups.

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