[brackenbury]

I agree with you when you say ideas are actually worth something. When investors say ideas are worth nothing, execution is everything that's very self-serving. The idea wasn't theirs, so of course they want you to believe the idea is worth nothing. Also, the suggestion that all co-founders should start with equal shares, regardless of how much work they put in and whose idea it was, this is also very self-serving. This just makes it easier for the investors to boot one of the founders if needed, and does not serve any other purpose. This video should be taken with a grain of salt.

[danieltillett]

Everything in this series should be taken with a grain of salt [1]. If truth in advertising were required of course names then the title of this series would have been "How to Start a Start-up to maximise the return for SV VC".

1. I am not being critical of the content (well not most of it) as there was lots of valuble information, but the lack of anything other than one perspective of how you should start a start-up.