I'm surprised by how many negative reactions there are here. Some people seem almost offended, presumably because we're turning down people with ideas and funding some without.
This really just reinforces the fact that we fund people, not ideas. The way it works in practice is that we work with the founders to find a good idea that will work for them (the idea needs to match the founder). The truth is that most people have good ideas in them, but just don't realize it. We aren't necessarily providing the idea so much as helping them to discover the idea that they already have :)
This really just reinforces the fact that we fund people, not ideas. The way it works in practice is that we work with the founders to find a good idea that will work for them (the idea needs to match the founder). The truth is that most people have good ideas in them, but just don't realize it. We aren't necessarily providing the idea so much as helping them to discover the idea that they already have :)