Occasionally I go back and read some of Paul Graham‘s past essays. I find them to be a source of enlightenment, mostly on issues surrounding startups. Some gems are consigned to the footnotes: There are two very different types of startup: one kind that evolves naturally, and one kind that’s called into being to “commercialize” a scientific discovery. Most computer/software startups are now the first type, and most pharmaceutical startups the second. When I talk about startups in this essay, … →