Can the Truly Moral Billionaire Please Stand Up?

That, not exploiting people, is the defining quality of people who become billionaires from starting companies. So that's what YC looks for in founders: authenticity. 

It is a better world if our most prominent people are moral exemplars with happy family lives. However, after a decade of meeting billionaires, reading biographies of highly successful people, and building products myself, I’ve come to accept that the opposite is probably true. The highest level of success requires wholly unreasonable people. Musk ... See more

There’s no question it’s possible to get ahead in life by lying and cheating and generally being awful to other people. This may even be a quick way to the top. But it comes at the expense of not only your self-respect, but your security too. Virtue, on the other hand, as crazy as it might seem, is a far more attainable and sustainable way to succe

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Effective altruism involves billionaires creating various institutions to give away their money to charity in a manner they deem effective

if you make a ton of money, towards the end of your life you'll be less worried about the incremental billion, and more worried about explaining your legacy.