I was speaking at the Angel Capital Association Conference today, and one of my favorite business people (VCs) was there: Matt McCall. When Matt talks, I usually write: Today he said,
"If it seems like a stupid idea, it probably is a stupid idea."
Stupid Ideas
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About the Author: Barry
Barry Moltz has founded and run small businesses with a great deal of success and failure for more than 25 years. He is a small business expert that helps companies get unstuck. Barry is a bestselling author, in-demand keynote speaker, and dynamic radio talk show host.
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This is one of the stupider things I have read lately. I am sure that the VCs who declined to fund Google, Yahoo, Microsoft, Cisco, Intel, Dell, were all telling themselves “If it seems like a stupid idea, it probably is a stupid idea”. If good ideas were obvious to everyone, nobody would be able to make money on them, and they would not be considered good ideas.