Colin Anawaty

"i think this blog posts hinges on the assumption that most people "work like entrepreneurs" and that's just simply not true. if it was, half the people that come to you with "ideas" would have actually done something with them. also, if I purchased ideas from employees, the company would not be focused and we would spend each week chasing the "next idea" which is exactly the type of startups/founders I now avoid after seeing two fail due to that same type of behavior. i think this is more important in the context of startups than big business, in big business i think fresh ideas are needed." - Colin Anawaty

"I agree that the data is interesting* and I apologize for over-reacting. I also agree with your second paragraph completely. *Performance metrics for many of these early stage startup funds are skewed by the quality they attract. Ycom and TechStars have the creme of the crop, I expect to see better results overtime... 3 S09 raised >$1M. And as you know, the rate of failure in startups is also naturally high - there are far too many factors involved that my decision would be less guided by metrics, and moreso toward your second point about services/network/etc. related to our company's goals." - Colin Anawaty

"quite shocked this was downvoted. i wish people would express themselves outside of a vote." - Colin Anawaty

"In my mind -- who gives a damn. Either ycom is for you or it isn't. You know what's important about it? Ycom gives young people with ideas but no track record an opportunity to prove themselves. Outside of SV, it's very difficult for most young entrep. working in technology to find people, much less investors, who understand... even in Austin, TX which at one point was 2nd to SV until the conservative money ran scared after the bubble popped. If you think ycom's "rate of failure" is a jeopardy to your idea... you're likely drinking wayyyyy to much of your own kool-aid." - Colin Anawaty

"i think strategy is more important than an idea because it's more closely associated to execution and the high-level direction of the company, so i don't think it's necessarily link bait per say. the 'idea' seeds the direction but eventually becomes second to strategy. correct me if i'm wrong but that's been my interpretation of the relationship." - Colin Anawaty

"Parasites." - Colin Anawaty