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Don't get me wrong - I love the 'no idea' concept and hope it works out, and I love the fact that YC is ballsy enough to experiment and innovate. They key here
by guynamedloren 14y ago
Don't get me wrong - I love the 'no idea' concept and hope it works out, and I love the fact that YC is ballsy enough to experiment and innovate. They key here, though, is that ideas still matter. YC will simply help generate and execute those ideas.
- nhebb 14y agoI agree. Ideas do matter. Being accepted into YC with no idea will place the startups in a creative pressure cooker. Just for fun, I think I'll try an experiment tomorrow => I'll go for a walk and not let myself come home until I come up with 5 product ideas. (Luckily I don't mind long walks.) Coming up with a decent product idea is hard for most people. But I have to wonder, is it hard because they expect the ideas to come easily and have never spent the time to really focus in on it?
- jasonlotito 14y agoComing up with product ideas is easy. Coming up with a real business model around that idea, as well as understanding the market, not so much. Granted, half the industry thinks the product is all that matters. Acquisition is not a business model. It's gambling.