[pedalpete]

I had heard of Founder Fund before, but I can't say I had any strong conviction as to what made them a special VC, or if they were.

Their manifesto makes me question if my current project is thinking big enough (I think it is).

I think the problem entrepreneurs who would apply to Founders Fund might have is how to present their idea as being big and bold. Often the big and bold are not understood in common terms, so we dumb them down to something that is achievable in the short term, and seems realistic, while having a long-term goal which only makes sense if the shorter term goals can be accomplished.

Facebook would be a perfect example here. They couldn't be discussed as 'world changing' in the early days as they were just another social network. Nothing seemed insurmountable, nothing seemed challenging, even the idea of this 'social graph' probably wouldn't have made much sense until tens of millions of people were using it.