Paul Graham on conditions for entrepreneurial success

Paul GrahamPaul Graham, one of the finest essayists to ever publish on the Internet, has two stellar examples of how to take a complex issue and present it in a clear and consistent way:

As usual, Paul does not leave out the difficult parts or avoids pointing out the faults of the current model. Both essays are reworked from a keynote he gave at Xtech.

Excellent stuff. Read it. I will assign it for classes.

(Via Dragos.)