[chralieboy]

Ideas may be cheap, but that doesn't mean that good ones are not valuable. Execution against a bad idea is my largest frustration with SV.

Consider Color[1]. Raised $41m for a genuinely terribly idea. Social networking with random people in your vicinity just isn't a good idea. All of the time and effort spent solving that "problem" was a waste of brilliant people's limited life.

On the other hand, the AirBnB team has executed tremendously well. Their idea is also excellent. To say that ideas are cheap is to discount the vision of a company. It's to repeat the tired maxim that hard-work is all it takes to be successful. But no matter how hard you work towards putting Tinder on the Blockchain, it is still a terrible idea.

Start with a vision of how you the world will be different, then apply execution towards that.

[1] http://mashable.com/2012/10/17/color-shuts-down/

[volaski]

I actually think Color was a great idea compared to thousands of "Uber for X" ideas launching everyday nowadays. At least they tried to do something novel. In my book Color was a good idea executed badly. That said, idea is something that cannot be judged objectively. You saying Color is a bad idea is not different from people saying Twitter was a bad idea when it first launched. The only difference is one succeeded and the other didn't. Oh and I think "Tinder on Blockchain" is a good idea.

[rokhayakebe]

I actually think Color was a great idea

Me as well. Proximity is a sparkle for relationships. Look at the workplace. I have seen this time and time again, people who sit close to each other develop closer relationships. In small towns, the people you live close to are your primary friends, and if they aren't the people you used to live close to (before they or you moved) are your closed friends.