daily articles for founders  Don't wait to work on exciting
ideas    Gabriel Weinberg:  If you truly have a powder-keg idea,
you should be doing everything you can to launch without formal
investment because the second you spark that powder-keg your
valuation will skyrocket. Traction trumps everything.  In other
words, the more exciting the idea you're working on, the less
plausible it is to say that you're waiting for investment to
work on it.  Does this mean that only unexciting ideas require
investment to get going? That's partially true (you can't start
a corner shop without upfront investment), but it would be
misunderstanding Gabriel's point.  The key take-away here is
that "I have this awesome idea, I just need $100k to get
started" is a bad pitch and isn't going to convince any smart
investor.  More from the library: Test your startup ideas for
$20 Bootstrap marketing The one-minute entrepreneur