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New startups that have a little bit of traction can spend months or years of their life chasing what they later realize was a mirage.
Based on the hundreds of companies I have personally funded at YC, the speed at which founders move is the single most predictive variable of if a startup will succeed - *not* traction at the time of getting into YC.
People keep repeating that, and no one yet has told how they measure said "speed."
It’s rate of iteration/learning. Here is one practical definition:https://twitter.com/garrytan/status/1141398691334352896?s=21 …
Agree. And speed is correlated with (real) confidence. People who stall don’t believe in themselves.
Real confidence is knowing you can figure it out, Not always thinking you have the right answer.
would qualify just a bit to say speed at which founders "learn" which of course is often correlated with movement
iterating on the product is an epistemic exercise! you learn by trying
Errrrr. Not the quality of the idea ?
Good ideas are omnipresent. Execution is everything.
Invest in lines, not dots.
Sharp delta in a good market 
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