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My trick for doing this is a sort of reverse skepticism: I challenge myself to imagine a scenario where (some more evolved version of) the idea works. I don't want to fail the challenge, so I'm highly motivated to discover an answer.https://twitter.com/yuris/status/1338202793463566336 …
I once did office hours with a startup and couldn't imagine a scenario where they got big. In desperation I asked them what their interviewers had liked about them. Turned out they weren't actually in the batch. They'd gate-crashed YC and I thought they were my next office hours.
Jessica was so mad. This was the point where we got a combination lock on the door. I, however, was greatly relieved to find they weren't in the batch. I'd worried I was losing my touch, and that the interviewers had seen something I just couldn't see.
@rorysutherland describes this beautifully in his book -Alchemy
why bother? just fund everything credible, assuming the founders *seem* credible, and see what happens.
I find the whole "we, the learned cognoscenti, shall vet your idea and see if it is deemed worthwhile" concept kind of ridiculous
Yes thats a great way to look at it. We start with the end in mind and work out way back to now, so this method aligns with what you are suggesting
The most common trick in big organizations is : "Let's wait, until someone else did that. If he's successful, we will do it too".
Like how Burger King lets McDonald’s do all their location/marketing research!
@paulg Do you also sometimes alter the parameters to realise the eventuality you imagined?
Do you fund only via @ycombinator or do you have your own fund? If the latter, how does one pitch?
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