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by credo
6030 days ago
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Great illustration of the fact that ideas are generally not unique -- and that it is the execution that matters. In one of his essays ( http://paulgraham.com/ideas.html), pg talked about the fact there was no such thing as a million-dollar idea and that "The fact that there's no market for startup ideas suggests there's no demand. Which means, in the narrow sense of the word, that startup ideas are worthless." |
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Startup ideas are worthless in the sense that you're almost certainly not gonna be able to get anybody to pay you for one. If you want to prove that they're worthless in any other sense -- in particular, if you want to prove that you can't improve somebody's chances of succeeding in the startup world by giving them a good idea -- you have a lot of work to do. In fact, I bet you can't do it, because I don't think it's true.
Now, I have almost no experience in this area -- my conclusions are mostly a priori. But I don't think anybody else really does either, and in particular I don't think Paul has actually seen enough startups succeed or fail to judge the value of ideas. How many YC startups have "succeeded"? Depends on where you set the bar, but at this point in time the answer's somewhere between "not many" and "none".
And I'm kind of surprised that you're using this as an example of how idea doesn't matter; in my eyes, it's just the opposite. This succeeded because it was a great idea executed decently, not because it was a decent idea executed spectacularly.