Grahams proof for "ideas are worthless" is that there is no market for ideas. No market means no demand. No demand means no value. Buchheit says that there is

Grahams proof for "ideas are worthless" is that there is no market for ideas. No market means no demand. No demand means no value. Buchheit says that there is a market for ideas - the VC market: "If someone with a history of being right also has a capable team of climbers who have demonstrated the technical skill and judgment to climb other mountains, then that is very valuable, and they will have no trouble getting their idea funded." I tend to think that Buchheit is wrong an Graham is right. Buchheits VC market is not a market of ideas. "Funding" doesnt mean buying ideas.