Post

nepotism and or sucking a billionaires cock will do wonders.

Part of it is that measures ostensibly to protect investors from fraud are being weaponised to instead hedge risk, forcing the entire cycle to downplay said risk out of fear of litigation.

A strong argument for "the team's the thing" - having people who can overcome one or more of the much harder things means that you've got a force that can be applied to a range of problems. Also why we see serial successes. It's not the specific problem, but the general approach that wins.

Yep, real founders know that the idea is cheap. The 100,000 invisible decisions after it - those are the defensible asset

The best framing I've heard: ideas are necessary but not sufficient. The hard part is the 10,000 micro-decisions you make after the idea.

Operations and logistics are where the "fun" ideas go to die

This. Ideas are cheap. Execution is key.

very true.. I remember how big the idea felt at the beginning. Execution quietly made it smaller, and more real...

Yes, hence in the OP "of course it does." Indeed, I hate the phrase that ideas are worthless or easy.

This is sadly so right. You can solve a real problem, but many people want to just stick with who they know and continue with the hacks to work around the problem rather than have an unknown entity and to train staff on a potential new platform or how to it the proper way, not the hack