VCs traditionally sent (probably still send) ideas to outside "experts" to be vetted.
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But if you can tell both (a) if founders are domain experts and (b) if they're telling the truth, you can use them to vet the idea.
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And while I would not have guessed it, with sufficient practice you can do this in a 10 minute conversation.
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This is not only more efficient, but is the only strategy that works as ideas spread beyond pure tech. Who could you ask to vet Airbnb?
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If Airbnb founders were domain experts in the accommodation business, they would most likely never have started Airbnb in the first place.
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@bchesky and founding team were domain expert in hospitality when they came to YC?Thanks. Twitter will use this to make your timeline better. UndoUndo
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1000 submissions X 5 min = 3.5 days of work :-) https://www.quora.com/How-many-people-apply-to-Y-Combinator-each-cycle …pic.twitter.com/GJ1Vm3sMMv
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Can you elaborate? As a technical vc funded founder I'm super interested in this concept.
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Interesting idea. Have you seen BBC program Secret Silicone Valley looking at impact of AI. Boy does Sam look young and what body language.
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do my business by good rule
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hmm, works also for biz due diligence?
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Like asking a kid how many marshmallows they've eaten? :D
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