To quote pg: "A hacker who has learned what to make, and not just how to make, is extraordinarily powerful."
As a developer, it is frustrating to see fellow developers place too much importance on being able to code as a necessary ingredient for startup success.
As a hacker, I'd say that most hackers know how to make, but don't know what to make. That is to say, most startups from these type of hackers with the "if I build they will come"[1] mentality end up basically degenerating into non-profits or open-source (when their intent was to become the next big for-profit company).
To my fellow hardcore hackers. Please get over yourself and learn some non-technical skills: sales, marketing, design, product UI/UX, biz dev, getting distribution, negotiation skills, heck - some people skills! (this comment not withstanding since I'm frustrated with the comment above).
If you're going to look down on people who can't code, you should get out of your own comfort zone and do all those non-technical things I've just listed above first. Kevin Rose has a rolodex, which I'm sure has benefits to whatever his entrepreneurial venture is. You don't? Why not? Learn how to hustle.
Just because you can't code, doesn't mean you can't build a business - and vice versa - just because you can code, doesn't mean you can build a business.
/ end rant
[1] exception, not the rule