Apparently sprinters reach their highest speed right out of the blocks, and spend the rest of the race slowing down. The winners slow down the least. It's that way with most startups too. The earliest phase is usually the most productive. That's when they have the really big ideas. Imagine what Apple was like when 100% of its employees were either Steve Jobs or Steve Wozniak.
Is that bad satire? Sprinters reach their highest speed right out of the blocks?
Maybe he read something about a sprinter's acceleration, not speed?
Paul Graham seems like a smart dude. Lots of people worship him. Fine. But how did this text actually make it into a published book?