You can have a great idea that nobody else thinks is a great idea.
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Not only can you, most great ideas seem initially like bad ideas to most people.
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It’s also highly depends on how the ideas are executed. There are many ideas that should’ve been huge and failed, and then there are very strange ideas that succeed because the execution was well planned. Pet Rock anyone??
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Very true.
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that's because those great ideas are only great in hindsight. With the information everyone had, they were bad ideas. Then the world evolved in a direction that made those ideas good. The question is, do you really know something others don't that makes your idea good now?
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So how does a VC recognize the great ideas that seem like bad ideas to most people? I’m sure volumes could be (and have been) written on the topic, but that’s my immediate question.
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I assume some point the muscle is built to pattern match what seems bad, but could be good...
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