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Ideas are always priced in hindsight - you can't say it is a billion dollar idea until a business is built around it. For all practical purposes there are no bi
by scardine 9y ago
Ideas are always priced in hindsight - you can't say it is a billion dollar idea until a business is built around it. For all practical purposes there are no billion dollar ideas, just billion dollar business.
- danieltillett 9y agoYes, of course an idea is only a billion dollar idea once it is built out, but a good team is also only determined in hindsight too. More importantly, while some ideas have the potential to be billion dollar ideas, most don't. The ideas that have a reasonable chance of being billion dollar ideas are very rare, much rarer than teams that have the same potential.