"Worst and First beats Perfect and Last"
- Every Venture Capitalist Ever.
The exception to that rule was Google. Which coincidentally might have been one of the best VC investments of all time.
Google was just the right idea at the right time. Ranking pages based on how many other pages link to it wasn't a brilliant idea, it was just the most obvious thing to do next. It was an algo that you could basically implement in a weekend. Tons of tech companies are just this. Something done at the right time, that was super easy to implement, by people capable of getting others to try it.