In 1996, Paul Graham co-founded Viaweb, the first application service provider (ASP). In 1998, Viaweb's was sold to Yahoo! for 455,000 shares of Yahoo! stock valued at $49.6 million. At Yahoo! the product became Yahoo! Store. Also this technology speaker is a co-founder of the influential startup accelerator, and seed capital firm Y Combinator. Y Combinator has now invested in 118 startups including reddit's Justin.tv, loopt, and Xobni.BusinessWeek included Paul Graham in 2008 edition of its annual feature The 25 Most Influential People on the Web. Paul later gained fame for his essays, of which he posts to his personal website. In 2005, after giving a talk at the Harvard Computer Society later published as How to Start a Startup. Graham received a Bachelor of Arts in philosophy from Cornell University, attended Harvard University, earning Master of Science and Doctor of Philosophy degrees in Computer Science.
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