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The idea in those cases was worth a negative hundred million dollars.
by 0xbear 9y ago
The idea in those cases was worth a negative hundred million dollars.
- ProAm 9y agoDoesn't change the fact the idea itself is worthless, if no one acted on the idea they wouldn't have lost any money. Just as if the idea is brilliant, it's the execution that makes the money. It's quite possible bad execution ruins a good idea as well.
- 0xbear 9y agoWhat you’re saying is that without good execution ideas are worthless. What I’m saying is without good ideas execution is worthless. Often good ideas are not really this momentary and ephemeral thing. They’re a culmination of significant insight and experience. Kind of like that old engineer who charged a company “$4995 for knowing where to tap”. Overnight success takes decades of work.
- ProAm 9y agoPet Rocks