"ideas are being funded after a meeting with 2 guys and a sketch pad, with no product and no company, then we are in a bubble" Unfortunately from a few intervi

"ideas are being funded after a meeting with 2 guys and a sketch pad, with no product and no company, then we are in a bubble" Unfortunately from a few interviews I went on in SV a few months ago, more than a couple of times this scenario was bragged about by the founders when asking how they started. It was a huge turn off to me but I guess it impresses other candidates. (Ironically though one of those companies was a small social games company that just got acquired.)