Yes, it takes longer—the term “slow money” is brought up later in the article—but can you think of a better way of investing money than in things “we can touch and/or impact and understand”? Money is just money, but this type of investment strategy can’t help but be rewarding on many other levels.
Excellent article by Paul Graham. What is interesting to me is that the idea of “Ramen Profitability” somehow seems new. It may be in the tech scene, but most non-tech startups have always worked as quickly as possible to support the founders by, you know, making money (even if they have loans or other investment to pay back).