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68 of 75 Stanford startup ideas were bad

NFX
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The Hidden Patterns of Great Startup Ideas

By James Currier, General Partner at NFX

When 75 Stanford teams applied to our FAST program, we met brilliant, driven founders. But 68 of them were pouring themselves into ideas that would cost them years.

The biggest waste in startups isn't bad founders. It's great founders working on bad ideas.

In this episode, we break down the patterns behind ideas that work. One of the most counterintuitive: the biggest companies rarely start with something new.

Copy a lot, but not all. Here's how to tell the difference.

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