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If VC’s knew what they were doing, would they tell anyone? 43% of the most recent YC batch were funded based on only an idea + team: https://www.ycombinator.c
by O__________O 4y ago
If VC’s knew what they were doing, would they tell anyone?
43% of the most recent YC batch were funded based on only an idea + team:
https://www.ycombinator.com/blog/meet-the-yc-summer-2022-batch https://www.ycombinator.com/blog/meet-the-yc-summer-2022-bat...
Obviously who is working on the idea is likely bigger selection factor than idea alone, but does show currently unimplemented ideas do have value; specifically YC alone in past batch funded 240 startups at $500,000 per startup of which 43% were at the time only ideas, which is roughly $52 million worth of teams with ideas alone.