Comment by PunchyHamster
18 hours ago
Arguably that mostly says stuff about average VC skill to pick winning idea.
If you have good product idea, the methodology to get there mostly affect profit marigins, not whether it will be success or total failure
>Arguably that mostly says stuff about average VC skill to pick winning idea.
What happens is that the original idea rarely matters at all. It is the people that implements the idea what matters.
The original idea is almost always terrible, but great people pivot or change the idea gradually while having contact with reality.
Execution is very important. Startups almost never start with the "right" idea.