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> YC once tried an experiment of funding seemingly good founders with no ideas. I think every company in this no-idea track failed ...coinbase was a 'no idea'
by fredsters_s 6y ago
> YC once tried an experiment of funding seemingly good founders with no ideas. I think every company in this no-idea track failed
...coinbase was a 'no idea' startup
- zhoujianfu 6y agoWere they not even interested in bitcoin in some way? If not, good counterexample... but if they were, I think saying something as vague as “we’re going to do a bitcoin company” around then would count as an idea, probably even a tectonic shift one.
- fredsters_s 6y agoon further investigation this is not true - they applied with a bitcoin wallet. Thanks for the fact check!