I have been watching lots of Y combinator tutorials. There are a couple that discuss how important the starting ideas are. But I got some conflicting information.
One of them is by Jared Friedman (https://youtu.be/Th8JoIan4dg?si=dICXL5OIGPSTtYni). He claims that starting idea is not as important. You will gradually pivot to an amazing idea if you choose the right idea space. It is similar to what I have been hearing that great execution and team are everything
The other one of them is given by Sam Altman (https://youtu.be/egJeFaIXZLo?si=BUWflkxXt6a3NqZh). He claims that idea is extremely important. He has not seen pivoting to success.
I am confused. What do yall think. I mean I do hear stories where pivoting leads to success. Sam is very talented entrepreneur. Maybe I misunderstood him?
Appreciate any opinions!
Execution over idea all day long.
There are lots of great ideas out there. The ‘better mouse trap’ just needs to be better it doesn’t have to be ‘revolutionary’.
Professional money invests in the team. As long as the idea has a good chance of success/profitability it doesn’t really matter what it is so long as the team around it can execute.