Tuesday, August 25, 2026

Ideas are valuable, execution is critical — Except when neither works

For any enterprise to succeed, ideation and execution have to work together. Execution has nothing to execute if there’s no idea behind it. And an idea, however brilliant, stays a thought on paper unless it’s carried through well. Still, since the idea comes first, the person who conceives it usually earns the higher valuation. Investors have known this for as long as there have been start-ups to fund.