The current state of the venture world is quite complex. The tension between disruptive forces such as Generative AI, which are advancing rapidly, and the fact that many entrepreneurs are struggling to raise funds, leaves numerous individuals with their dreams on hold. However, even in the current challenging landscape, there are still active funds that keep investing based on a seemingly simple formula rooted in a good idea, market potential, and high execution capabilities. This begs the question, then, what should those with great ideas do to pursue them?
This query touches upon two of the burning topics dividing the venture world: (1) is success dictated by the brilliance of an idea or the prowess of execution? And (2) must the idea’s genesis lie within the entrepreneur for the venture to thrive? I would like to argue that the answer isn’t black or white but a captivating grayscale.
