There are startups, and there are startups. Venture capitalists, particularly in Silicon Valley, want to identify startups of the rarest kind. Not those seeking a quick exit or cloning another business, but startups with a shot of becoming the next Facebook, Apple or Google.
A common trait among many of these startup ideas is how audacious, stupid or crazy they sound. They're trying to create a market where none existed. Instead of taking competitors head on, they're sidestepping them altogether by doing something entirely different.
