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The Latest Breaking News from Paul Graham

Australia Post boss denies misleading on closure plans

In a fiery hearing, the head of Australia's postal service has dismissed claims that he misled senators over potential plans to close post offices.

AAP

Harmeet Dhillon reacts to Ankit Gupta-YC controversy: American employers cannot discriminate against US citizens

President Donald Trump' aide Harmeet Dhillon, the assistant attorney general for Civil Rightys at the US Department of Justice, has reacted to the controversy triggered by Y Combinator partnet Ankit Gupta and said that American employers won't be allowed to discriminate against US citizens. Dhillon also made it clear that…

The Times of India

You've got no mail: AusPost flags further delivery cuts

Australia's government-owned postage service is vowing to deliver letters for as long as they exist, but Australians will receive them less often.

AAP

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Sam Altman reveals the investing advice billionaire Peter Thiel gave him that helped him amass a $3.3 billion net worth without OpenAI equity

OpenAI CEO Sam Altman owns no equity and earns a $76K salary—but says Peter Thiel and Paul Graham taught him how to build billions in investment wealth.

Fortune

Energy rollercoaster: Australian bills to fall and rise

Australian households can expect lower electricity costs in the coming years, a report says, but they shouldn't get used to them.

AAP

Coalition and One Nation’s plan to ditch net zero would not lower power prices, CSIRO report finds

GenCost report contradicts parties’ claims about abandoning emissions target, and finds nuclear would be most expensive way to generate power

The Guardian - AU

Airbnb was so broke in 2008 that its founders sold Obama and McCain cereal boxes just to keep the company alive long enough for investors to notice

In a bold and unconventional move, Airbnb's founders turned to selling novelty cereal boxes, including Obama O's and Cap'n McCain's, to generate essential funds for their fledgling startup. This unique marketing strategy not only brought in critical early revenue but also caught the eye of the media and potential investors,…

The Times of India

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'No one is interested': Australia Post chief executive on Tharwa post office closure

Post office closure south of Canberra not Australia Post's fault: CEO.

The Canberra Times

Anthropic’s Daniela Amodei says entrepreneurs should go on vacation to road test potential cofounders—if they’re a drain, they’re ‘the wrong choice’

The Anthropic cofounder and former OpenAI exec says the secret to picking the right cofounder is to travel together before you build together.

Fortune

Parcel express: retailers to compete with global giants

A major express parcel hub set to power the same-day delivery boom and meet growing consumer demand has been opened by Australia Post.

AAP

Just like Gen Z, a young Mark Zuckerberg ‘had no concept of small talk’ and would ‘just stare at you,’ the VC behind Airbnb and Reddit says

“I didn't realize how important small talk was until I met the lack of it,” Y Combinator’s Paul Graham said about his first meeting with Facebook cofounder Mark Zuckerberg.

Fortune

Have good taste? It may just get you a job during the AI jobs apocalypse, says Sam Altman

Tech insiders argue judgment and discernment could give humans an edge over AI.

Fortune

Writing on the wall for letter delivery in Australia

Handwritten notes, Christmas cards and household bills are making way for algorithms and gig economies in a changing world of correspondence.

AAP

Stamp price hike needed yet again, Australia Post says

The number of letters being posted is at its lowest level in nearly a century, sparking another call to ease Australia Post losses with pricier stamps.

AAP

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Fortune

Alexis Ohanian walked out of the LSAT 20 minutes in, went to a Waffle House and decided he was 'gonna invent a career'—he founded Reddit

Reddit, now worth more than $40 billion, would have never happened without Alexis Ohanian ditching law school in favor of entrepreneurship.

AAP

Nukes and carbon capture remain off future energy plan

Wind and solar systems are projected to be the cheapest energy-generating technology in 2050 while small nuclear reactors will cost the most.

Benzinga

Palantir Is The 'Most Dangerous Corporation' In America, Says Clinton-Era Official: It Is Building The Infrastructure Of 'The Police State'

Economist Robert Reich issued a stark warning on Palantir Technologies Inc. (NASDAQ:PLTR), calling the Silicon Valley giant a growing threat to civil liberties as it continues to expand within the federal government.

Fortune

Alexis Ohanian ignored Paul Graham’s warning that Reddit’s ‘terrible’ name would be ‘poison’. Now it’s a $38 billion business

“Disregarding that advice was definitely one of the things I got right,” Ohanian said.

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Benzinga

Pam Bondi Says Meta Removed Facebook Page Used To 'Dox And Target' ICE Agents: 'Wave Of Violence' Against ICE Driven By Online Apps

Mark Zuckerberg-led Meta Platforms Inc. (NASDAQ:META) has removed a Facebook page that the U.S. Justice Department said was being used to identify and harass Immigration and Customs Enforcement agents.

AAP

Parcel-packing electric trikes to roll out by Christmas

Australia's largest electric fleet is expected to grow significantly with the introduction of three-wheeled vehicles capable of carrying more parcels.

Benzinga

Reddit Wouldn't Exist If ICE Had Grabbed My Mother, Says Co-Founder Alexis Ohanian: Undocumented Immigrants Can Have 'Pretty Productive' Kids

Reddit Inc. (NYSE:RDDT) co-founder Alexis Ohanian and Y Combinator co-founder Paul Graham are among a growing number of people condemning the Donald Trump administration's 2025 ICE deportation operations.

Fortune

This multimillionaire once cleaned meat trucks for $7 an hour, but a coffee shop encounter proved 'You're just one move away from changing your life'

Jesse Itzler, who ultimately sold his $5 billion-in-sales private jet business to Warren Buffett, says the world doesn’t reward perfect plans, "it rewards action."

Benzinga

Teen Founders, Tap The Brakes: Paul Graham Says Curiosity Beats Companies In High School — Despite YC Wins With Airbnb, Reddit, And Sam Altman At 19

The co-founder of Silicon Valley’s most influential startup accelerator is delivering a reality check to ambitious teenagers everywhere. Paul Graham, whose Y Combinator has funded giants like Airbnb (NASDAQ:ABNB), Stripe, Dropbox (NASDAQ:DBX), and Reddit (NYSE:RDDT), is warning high schoolers to pump the brakes on their entrepreneurial dreams.

The Guardian - AU

Offshore wind was touted as a key part of Australia’s energy transition – but does it still have a future?

Plans to have first turbines spinning by 2032 look increasingly unlikely as investors back out of multiple projects – but proponents say benefits will flow once industry established

Fortune

YC co-founder who backed Airbnb, Dropbox, and Reddit says high school isn’t the time to launch a startup

One of the leaders behind Silicon Valley’s biggest start-ups is advising high school students to embrace learning in class before jumping into their dream business.

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