An excellent post on which is more important the idea or the execution. My  favorite take away: “execution is by far the most important determinant of success, however the scale of the success is determined by the idea.”

The other great perspective was “many folks will instinctively answer ‘execution’ since that is what we are all supposed to think and the answer has an appealing simplicity… it is not true that great company ideas are a dime a dozen. Interesting product ideas are easy, but very few are truly good enough to build a large, profitable, and defensible business.” Instead, he writes, “you need to to start with a great idea or else a good idea that is somewhere in the neighborhood of a great one so that you can early on in the company’s lifespan pivot over to where the great one is… [and] once you find the great idea, you need to focus and execute like crazy against it.” He puts the split “at about 50/50,” in large part because “it is hard to think of a success story that didn’t have both”. Worth reading More>>