what commonly cited startup advice is overrated? underrated?

Overrated:
- What’s the moat?
- TAM (today)
- founders optimizing for dilution

Underrated:
- Thiel, pmarca (esp. only thing that matters) and PG

https://danromero.org/canon.html

Read Peter Drucker’s “innovation and entrepreneurship”? Lays out a 7 sources framework for identifying opportunities for innovation that’s super useful, but no one ever talks about that book.

Totally. But atleast google the 7 sources of innovative opportunity. He makes a good argument that if ur product exploits at least 3 out of the 7, u have a solid chance of success. He’s a historian, they can be useful

Haven’t read it, but generally skeptical of advice from people who haven’t built 0 to 1 technology businesses