Hacker News Reader

I think the compatibility of those statements hinges on the difference between an idea in the sense of something you could transfer in an elevator, and an idea in the sense of the culmination of an entire viewpoint on a topic, along with the mind(s) that developed that viewpoint.

It is striking. My guesses:

1. Revenue/traction are worth even less.

2. Not the idea itself, but the passion and resolve it evokes in the founder, and their backgound and general ability to be able to execute it.

Ideas are worthless, except those that aren't.