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Sam mentioned that the idea was actually quite important. I recall PG saying that YC would often invest in the team because ideas change and aren't as important
by coralreef 12y ago
Sam mentioned that the idea was actually quite important. I recall PG saying that YC would often invest in the team because ideas change and aren't as important as good founders.
Anyone have thoughts on this?
- anthony_franco 12y agoLike a good startup YC wanted to validate their assumptions and experimented with "no-idea" teams. Considering they don't have that option anymore, I'd venture to guess that they disproved PG's original saying and are now realizing that a good idea correlates with success. That's my guess.
- coralreef 12y agoHaving no idea is crazy though, you want someone with at least some idea of what they want to work on. Also I don't think they accepted enough no idea teams to have a good statistical reference.