Ideas and Execution
Tangentially related to VCs and disruption, Umair Haque has a thought-provoking post about ideas being more important than execution today. While I agree with his thesis that VCs are targets for disruption, I disagree with this specific. point. I think ideas and execution are reflexively bound as George Soros would say. Good execution results in the creation of good ideas which inspire even better execution in a virtuous cycle. That’s the thesis of NextSmallThings in any case – we shall see if this can be proven in our little world.