Capitalist Letters

Capitalist Letters

Oracle: The Time Has Come

Oracle's cloud pivot is now more derisked than it's ever been.

Oguz Erkan's avatar
Oguz Erkan
Apr 19, 2026
∙ Paid


“Founder mode”—this is the term coined by Paul Graham, the founder of Y Combinator, the most prestigious startup accelerator in the world.

Founder mode happens when an entrepreneur acts like he is still the business, because this is how it is when companies are young. There is nothing as “business” on the first day; it’s a founder and an idea that would …

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