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My take is that YC can’t afford not to operate that way.

My impression is the Decision Matrix looks like.

         High       Low
         Execution  Execution 

  Good   Maybe       No
  Idea

  Bad    Maybe       No
  Idea
The idea does not matter much because it is easy to use an external source for ideas when a team has a bad idea or no idea.

On the other hand, there’s no external way to fix low execution.

The other thing is that it is often hard to tell good new ideas from bad new ideas in the context of startups. So idea is often a weak signal.

As the GP argued, everyone has startup ideas.



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