VCs Fund Ideas, Not Execution

  • There are so many factors at play here. The stage matters a lot.

    Early stage = idea + team

    Mid-stage = idea + team + traction

    Late-stage = traction + team

    At the later stages the ideas might as well not matter. VCs will seek out high performing “hot” spaces and companies. And if you’re one of those then you’re already on their radar.