"One of the biggest mistakes I see new hires making is that they choose an idea that is too obvious. While it's certainly the case that once an idea is successful, it's always perceived as obvious and that it was going to happen anyway. But I think in the beginning, you want to choose an idea that is different, not obvious. You don't want to be the 20th version of something. Even if somebody hasn't launched that idea yet, there may be somebody working on it. So you do want to choose something that is different." -- David Sacks
Is it a good idea if nobody gets it?
David has been involved in the Internet space for 10 years as an entrepreneur, executive and investor, starting with PayPal in 1999. He was PayPal's Chief Operating Officer and product leader, taking the company from startup to IPO and eventual sale to eBay for $1.5 billion.
Subsequently, he founded Geni.com, which is a geneaology website that enables millions of family members to collaboratively build an online family tree. He also produced and financed the movie "Thank You For Smoking."
David holds a B.A. in Economics from Stanford University and a J.D. from the University of Chicago Law School.