Paul Graham: nearly every startup rule has exceptions, and spotting them is the real test for investors

ycombinator · x · 2026-09-29

Paul Graham notes that one of the most interesting things about startups is that practically every rule has exceptions. Being a solution in search of a problem is usually bad — except roughly 0.5% of the time, when it's good. Spotting these exceptions, he argues, is the ultimate test of an investor. Retweeted by the Y Combinator account.

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