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I think this is actually okay. Execution matters, not the idea. Also if YC was trying to do coordination between its portfolio companies, it would be against

I think this is actually okay. Execution matters, not the idea. Also if YC was trying to do coordination between its portfolio companies, it would be against the interests of the founders themselves because the founders do not care if another company in the YC batch succeeds or fails - they don't have a stake in that other company.

typeofhuman 2y ago
> Execution matters, not the idea. Execution matters _as much as_ the idea. A good idea executed poorly produces bad results. A bad idea executed well produces bad results. This is what YC is hedging (was it the execution or idea) by investing in duplicative startups.
- bhouston 2y ago
  I guess I am saying that ideas are a dime a dozen. Every idea will likely get executed by multiple teams - it is incredibly rare for an idea to only get explored by a single team. Those teams that succeed did so because of execution.
- _fizz_buzz_ 2y ago
  It's more like 90/10. 90% execution and 10% idea. And actually almost all successful startups didn't have "original" ideas: - google wasn't the first search engine - facebook wasn't the first social network - tesla wasn't the first electric car - ChatGPT wasn't the first chat bot
  - deleted 2y ago
    [deleted]
- snarf21 2y ago
  I disagree. True "good execution" will not produce bad results over the medium and long term but that is what good execution is actually solving for. Good execution should recognize when/how pivots should be made to produce value.
  - conductr 2y ago
    So is it possible for good execution to fail? Is it only good in hindsight?
evoke4908 2y ago
> Execution matters, not the idea. This is the core ethos driving Chinese manufacturers to rip off anything and everything they can
- bhouston 2y ago
  > This is the core ethos driving Chinese manufacturers to rip off anything and everything they can I think everyone does this. We just like to focus only on Chinese companies when they do it, because many times when Chinese companies do it, they do it so well that it is a threat.

typeofhuman 2y ago

> Execution matters, not the idea. Execution matters _as much as_ the idea. A good idea executed poorly produces bad results. A bad idea executed well produces bad results. This is what YC is hedging (was it the execution or idea) by investing in duplicative startups.

bhouston 2y ago
I guess I am saying that ideas are a dime a dozen. Every idea will likely get executed by multiple teams - it is incredibly rare for an idea to only get explored by a single team. Those teams that succeed did so because of execution.
_fizz_buzz_ 2y ago
It's more like 90/10. 90% execution and 10% idea. And actually almost all successful startups didn't have "original" ideas: - google wasn't the first search engine - facebook wasn't the first social network - tesla wasn't the first electric car - ChatGPT wasn't the first chat bot
- deleted 2y ago
  [deleted]
snarf21 2y ago
I disagree. True "good execution" will not produce bad results over the medium and long term but that is what good execution is actually solving for. Good execution should recognize when/how pivots should be made to produce value.
- conductr 2y ago
  So is it possible for good execution to fail? Is it only good in hindsight?

evoke4908 2y ago

> Execution matters, not the idea. This is the core ethos driving Chinese manufacturers to rip off anything and everything they can

bhouston 2y ago
> This is the core ethos driving Chinese manufacturers to rip off anything and everything they can I think everyone does this. We just like to focus only on Chinese companies when they do it, because many times when Chinese companies do it, they do it so well that it is a threat.