The pitch
You: Hey give me $500k.
VC: For what?
You: I can’t tell you…
VC: Sure, I’ve never heard of you, so of course! What’s your IBAN?
6 months later…
VC: Btw, what do you do?
You: Nothing. I just live on your money
The lesson
Many people complained they had the same idea as Uber. The only difference is Travis actually did something.
Your idea is pointless without execution.
However, if you execute the wrong thing you’re just waiving your arms around.