As a tech founder in B2B I would go even further and say the idea nor technical implementation matters much, what's important is how well you can build relationships with your prospects, how you can sell it, and hire people to help you scale it up
I wouldn't go that far. All those things are important. I'm a tech founder too, but for some more credible citations, I'll defer to Sam Altman[1] and PG[2].
> It's become popular in recent years to say that the idea doesn't matter. ... But the pendulum has swung way out of whack. A bad idea is still bad and the pivot-happy world we're in today feels suboptimal. Great execution towards a terrible idea will get you nowhere. There are exceptions, of course, but most great companies start with a great idea, not a pivot.
I think the most important thing is managing to convince dozens of sweat-shop, conveyor belt startups per year to give you equity for almost nothing, thereby guaranteeing at least some equity will eventually be worth billions merely by chance. Good job, YC.
yread|6 years ago
jacobobryant|6 years ago
[1] https://startupclass.samaltman.com/courses/lec01/
> It's become popular in recent years to say that the idea doesn't matter. ... But the pendulum has swung way out of whack. A bad idea is still bad and the pivot-happy world we're in today feels suboptimal. Great execution towards a terrible idea will get you nowhere. There are exceptions, of course, but most great companies start with a great idea, not a pivot.
[2] e.g. http://www.paulgraham.com/avg.html. Controversial, but I'm a believer.
new_realist|6 years ago