When they say 'It's not about the idea but the execution of the idea', what exactly do they mean?

The phrase "It's not about the idea but the execution of the idea" is an expression of pragmatism. It's related to the phrase "A bad idea well executed will out compete a great idea poorly executed."

The execution of an idea is not "strategy, personnel, or culture":

  • Your strategy is a plan of action towards achieving a particular goal. In other words, it is the idea of how you will execute your product idea.
  • Personnel are the people responsible for executing the idea.
  • Culture is "The set of shared attitudes, values, goals, and practices that characterizes an institution, organization or group" (from wikipedia) In other words, culture is the set of your team's normal behavior which will influence how the team executes your idea.

The execution of an idea is the act of transforming a concept into a physical entity. The execution includes features, UI, marketing, sales, customer support, financial modeling etc. All the things that make a company a company.

If the idea is "I want to sell books on-line" then the Amazon's execution of that includes the everything from "strategy, personnel, or culture" to the massive and brilliantly designed logistics infrastructure that outdid Barnes and Noble five times over.

At the end of the day, people who use this phrase are referring to the general principle that an idea in your head is worthless. In order to actually generate value, that idea must become reality.
(For the philosophically inclined, this is against the concept of a platonic 'form'.)

Are there people who specialize in building community around early adopters?

I'm the initiator of a blog called Beta List ( www.betali.st ) which is geared towards early-adopters and lists startups that are currently in private beta or have a 'beta mailing list'.

I only started the blog a couple of weeks ago, but it's already gaining a lot of traffic (mainly due to coverage by TechCrunch), so I learned a few things already:

  • Build a 'coming soon' page where you give a sneak peek of your product. If you can't give anything away yet, just make it sound mysterious and people will still be interested (but you will probably attract a lot of irrelevant users as well)
  • Have people sign up for a newsletter or 'beta list' so you can send them an email as soon as you need testers.
  • Make sure your landing page looks professional. If you don't have a designer in your team, be sure to hire one (search Quora for ways to do this) and have him/her design the page. I know for a fact a great-looking page attracts much(!) more people than a regular or bad looking one.
  • Contact blogs such as mine and announce your landing page.
  • Make your page spreadable (Twitter and Facebook buttons)
  • Actively engage your Twitter audience if you have one.

Let me know if you have any specific questions.

What are the best video search sites?

You can use Google to search for videos from across the web (YouTube, Hulu, ABC.com, NBC.com, the works).
E.g. try searching for modern family or the simpsons on google.com and you can find full episodes from sites like Hulu etc.

Why did Facebook acquire Divvyshot?

A mixture of tech and talent…

We spoke with Divvyshot’s founder, who indicated Facebook is interested in Divvyshot technology specifically for event tagging in photos.


Buying Divvyshot is a talent acquisition for Facebook. Founder Sam Odio and the two other Divvyshot team members will be joining Facebook and working on Facebook Photos…


What's a normal growth rate for a D2C, web based startup in the first few years? (e.g. Yelp)

Ha! The only "normal growth rate" for a direct to consumer startup is… whatever it is. It's completely impossible to specify a specific growth rate for startup businesses (based on the companies I've tracked), because it all depends on the adoption curve for a startup; if their service goes "viral" or not; what sector the startup is in, and so on. I suspect, if you compare the growth projections of most startups versus what they had in their business plan they pitched to investors, it's either grossly over- or under-estimated.

What happens to vested RSUs if the company isn't liquid and I leave?

The 2 answers below seem to focus on whether you forfeit the RSUs. But since your question mentioned "isn't liquid", I am assuming you want to know how to sell them? There are quite a lot of secondary buyers who specialize in buying illiquid private stock. Your RSUs are likely to have a lot of restrictions and may not be transferable though. If that's the case, then investigating a non-recourse loan from the ESO Fund is almost the same as selling and has the added benefit of tax deferral.

Who is using superfeedr.com?

This is a more complex question than it seems 🙂

As for publishers (http://superfeedr.com/publisher), they use us to push their content away to anyone who implemented the PubSubHubbub protocol (like Google, Friendfeed, Twitterfeed, Netvibes, Yandex and many many many more!). We currently have more than 800 small and big ones. Big ones include Tumblr, Posterous, Gowalla, SixApart, Gawker Media, Huffington Post, Buzzfeed… etc. I'd love to add Quora to that list too 🙂

As for subscribers (http://superfeedr.com/subscriber), they use us to push them content from RSS feeds from other services. They include Twingly, Adobe, Digg, SixApart, Webwag, AppNotifications, UrbanAirship, Boxcar, FanVibe and many many more (some of them don't want to get public).

How did TechCrunch become the biggest and most important blog for startup news?

Mike wears his heart on his sleeve, which is both good and bad, but it's his style and, as long you keep this in mind, his articles are very insightful and sometimes VERY entertaining.  I especially loved this post about reputation, http://goo.gl/OtzH and got a good laugh out of the last part where he indicates there may be high school photos surfacing. :).  Do tell!

What company is the best broker for a domain that I want to sell?

You can also try the marketplace Flippa.com …especially if your domain isn't a very high-value (although there were domain sales there in the range of low six-figures).

Don't forget also the direct sales. That's is, people who are coming to you because they've found out that you are selling that domain. To have that you should put a nice looking landing page stating clearly that the domain is for sale and give all the info so the potential buyer can contact you.

When somebody is looking to buy a domain name usually they are typing that domain name in the browser and coming to your page.
If they don't find any info or the domain doesn't resolve then they'll go to a domain registrar and check who has this domain, looking for an email address so they can contact you (they can also use services like DomainTools.com or Who.is for finding out this).