We discuss whether you can figure out if your idea is worth 1 Bn or not in advance (spoiler alert: NO), analyse several frameworks that are still useful in that analyses, why not being a lemming makes sense in the investment space, and why founders and CEOs shouldn’t waste time arguing with VCs. We go into the more nit gritty elements of product management and product portfolio management, including what one can learn from dead Google projects. Finally, we go into the new Mac Pro, including its $400 (!!!) wheels, why YouTubers like MKBHD (Fanboy alert) and iJustine matter so much, and finally we nerd out on Graphics APIs… because, well, why not.Navigation:How much is your start-up idea worth? (02:23)Pain vs frequency of use framework (03:26)Howard Marks framework (06:35)Lemming mentality in venture capital (10:27)The case for critical thinking in VC (11:11)Introducing feedback loops in VC (15:28)Pitching VCs - do’s and dont’s (18:01)Product management: agile vs waterfall (24:19)A decade of dead Google projects (32:43)Mac Pro (39:48)Marketing through Youtube celebrities (42:44)Apple’s Metal graphics API (45:05)Resources:Ali Zahid, How to know if your startup idea is worth $1 or $1B - http://bit.ly/2U7UhKLTren Griffin, Andy Rachleff, 2×2 matrix If you’re wrong, you don’t generate attractive returns. If you’re right and consensus returns get arbitraged away. The goal is to be in the lower right quadrant - http://bit.ly/3d1Aoh6Eric Paley, Don't Waste a VC Pitch Arguing - http://bit.ly/2xGvllWHBR, The Kind of Creative Thinking That Fueled WeChat’s Success - http://bit.ly/2QgvTVYThe Verge, What we can learn from a decade of dead Google projects - http://bit.ly/2WgpBcEBloomberg, Apple’s New Mac Pro Can Cost $52,000. That’s Without the $400 Wheels - https://bloom.bg/2QjlcSvFortune, Why YouTubers MKBHD and iJustine Got the First Sneak Peek at the New Mac Pro - http://bit.ly/2WffmFCApple Insider, Editorial: Mac Pro puts the pedal to Metal in Apple's race with Nvidia - http://bit.ly/2U9PtEpOur co-hosts:Bertrand Schmitt, Tech Entrepreneur, co-founder and Chairman at App Annie, @bschmittNuno Goncalves Pedro, Investor, co-Founder and Managing Partner of Strive Capital, @ngpedro Our show: Tech DECIPHERED brings you the Entrepreneur and Investor views on Big Tech, VC and Start-up news, opinion pieces and research. We decipher their meaning, and add inside knowledge and context. Being nerds, we also discuss the latest gadgets and pop culture news. 
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Full transcription: may contain unintentionally confusing, inaccurate and/or amusing transcription errors
Bertrand: Episode 6 of "Tech Deciphered." 
How are you, Nuno, today?
Nuno: I'm well, although today I'll be very grumpy throughout most of the episode. There's a couple of articles that we'll be discussing that I have some objections to. But overall I'm doing very well. How about yourself, Bertrand?
Bertrand: I'm doing good, it's a good day. I'm not sure if I'm as grumpy as you on some of these articles, but we will see, we will see.
Nuno: Maybe we'll get to get grumpy at each other as well?
Bertrand: Oh, I hope not. So, we have a few articles today we will be talking about: 3 main topics. 
One around, how to help you in term of start-up idea: how to evaluate it, how to get a good sense as an entrepreneur, does it make sense? 
Talking as well about, product management - high level: what are different types of product management. 
And finally, we will talk as usual, we'll have a section around gadgets, and this time we'll have a focus, of course, on the new Mac Pro.
How much is your startup idea worth? (02:23)
Nuno: Yes. So let's start with VC and startups and we're going to be discussing two articles to start with: one is actually, how to know if your startup ideas worth a dollar or $1 billion.