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Yeah, we've heard this from day 1. What was interesting to me was to hear PG say that even they underestimated how important the people are compared to the init
by akkartik 16y ago
Yeah, we've heard this from day 1. What was interesting to me was to hear PG say that even they underestimated how important the people are compared to the initial idea. Compared to the first batches he said the application form now has a lot more questions about the people, and a lot fewer about what they plan to do.
- matwood 16y agoI think anyone who is in the HN environment has already realized that the people and, likely more importantly, the ability to execute* is the #1 secret in a successful startup. People outside the HN circle don't understand this though. I have friends who are still looking for that perfect idea and then they'll start working on something on the side. I just don't see it working that way, instead you keep working on the side until you morph whatever you have into that perfect idea. *Execution really is king, but is greatly helped by being smart and fast. Basically if you have all three you can take a whim idea do it quickly and see 'what if.' The faster that someone can iterate through that process the more chances they can give themselves at finding a good business.