I disagree with premise 1. Sure there is execution risk, but it is not too hard to sort bad ideas from good one provided you actually have some good ideas. The problem is most of the time you are sorting through bad ideas trying to pick the least worst.<p>In regards 2 there are very few “buyers&quot; of ideas (if anyone knows of any please let me know). VCs and angels have not shown much interest for ideas until they have been proven. I personally think that given the rarity of truly good ideas this is not optimal. Investors that could bring together the best ideas with the best teams could create real value.