@paulg: One of the most interesting things about startups is that there are exceptions to practically every rule. E.g. it's bad…

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Summary

Paul Graham shares an insight that in startups, exceptions to common rules can be beneficial, and the mark of a good investor is identifying these exceptions.

One of the most interesting things about startups is that there are exceptions to practically every rule. E.g. it's bad to be a solution in search of a problem. Except .5% of the time it's good. The ultimate test of an investor is to see these exceptions.
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