I wonder if this is actually a knock against the common incubator/VC idea that "founders/team are everything".
Clearly that's not how the Samwer brothers operate, where a viable business model that "clicks" for whatever reason is all that matters.
They simply hire qualified people to execute an existing idea, and then pump massive marketing dollars to establish the company. There's ZERO evidence that they go into a market because they have "a great team", which AFAICT, is all something like Y Combinator really cares about.
It's interesting nonetheless -- perhaps there's multiple ways to start and scale new companies?
Clearly that's not how the Samwer brothers operate, where a viable business model that "clicks" for whatever reason is all that matters.
They simply hire qualified people to execute an existing idea, and then pump massive marketing dollars to establish the company. There's ZERO evidence that they go into a market because they have "a great team", which AFAICT, is all something like Y Combinator really cares about.
It's interesting nonetheless -- perhaps there's multiple ways to start and scale new companies?