Ideas do matter

by Thiyagarajan Maruthavanan (Rajan)

I have met many VC’s, listened to many more them in conferences, read even more of VC blogs, one theme that I have seen recurr without fail is the talk of “Ideas do not matter, execution does”.  While I don’t deny that execution matters, it matters a hell a lot but Ideas do matter as well, I find that those that undermine ideas may not have a complete understanding of the economics of an idea :). Atanu dey has a brilliant post in which he discusses the economics of ideas. He explains the economics to drive a different point altogether but nonetheless the argumen are the same everywhere.
Here is also what umair thinks about idea vs execution.