from Hacker News

VCs Fund Ideas, Not Execution

by karanbhangui on 4/19/22, 8:55 PM with 2 comments

• by arrakis2021 on 4/19/22, 9:15 PM

  There are so many factors at play here. The stage matters a lot.

  Early stage = idea + team

  Mid-stage = idea + team + traction

  Late-stage = traction + team

  At the later stages the ideas might as well not matter. VCs will seek out high performing “hot” spaces and companies. And if you’re one of those then you’re already on their radar.