Akhund: Startup ideas matter significantly, contrary to Silicon Valley belief
Immad Akhund · 20VC: Mercury Founder Immad Akhund on Why Angel Investing Makes Founders Better Operators, The Right Way For Founders To Discuss and Present Competition To Investors & How To Think About Your Initial Wedge Into The Market and How It Expands Over Time · Sep 20, 2019 · at 9:09
Immad Akhund, co-founder and CEO of Mercury, reflects on how his perspective on the importance of startup ideas vs. pure execution has changed over time.
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“And then the other thing that we're doing right this time is, I was kind of off the mindset that, like, ideas don't matter back then, and yeah, people go through this, like, Silicon Valley goes through this phase. Sometimes they're like, ideas don't matter, just go execute, and sometimes they're like, ideas are everything. I'm much more now off The feeling that ideas do matter a lot.”
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