As a grant maker at @HRF's Bitcoin Development Fund, few things frustrate me more than copycat ideas—projects that look exactly like something we’ve already funded, just transplanted to a different location.
Over the years from my time @CcHUB, I’ve listened to thousands of pitches, and I’ve developed a kind of sixth sense for sniffing out what’s truly original versus what’s just a repackaged version of an existing idea.
So, how do I separate the game-changers from the "me-too" projects? Here’s what goes through my mind (sometimes subconsciously) when evaluating a pitch:
1. The Person Behind the Idea
Who’s driving this? What’s their story, their values, their integrity? A founder’s authenticity and commitment often determine whether a project will succeed or flop. I pay attention not just to what’s said, but also to what’s not said—the nuances matter.
2. The "Why" Behind the Project
Why did the founder choose this problem? The more personal the connection to the issue, the more convinced I am that they’ll stick with it when things get tough. Passion rooted in lived experience beats a generic "I saw a gap in the market" or “It came to me in the shower” every time.
3. The Solution (and Whether It Actually Solves the Problem)
This might sound obvious, but so many solutions are built before the problem is fully understood. I look for ideas that directly address a well-researched, validated need—and a clear theory of change that explains how the solution tackles the problem. No hand-waving, just logic.
4. Progress Made So Far
What have you done with little or no funding? If my grant is the only thing standing between your idea and oblivion, that’s a red flag. I love seeing scrappy, resourceful founders who’ve already made headway—it tells me they’re in it for the long haul.
5. The Right Founder for the Right Audience
Do you really know the people you’re serving? And are you the best person to serve them? If your answer is "this project is for everyone," I’m probably not interested. Impact is about depth, not breadth.
6. A Vision for Success (and Obsolescence)
How will the world be different if you succeed? And—just as important—what’s your plan to not be needed forever? The best solutions aim to solve a problem so thoroughly that they eventually work themselves out of a job.
Of course, these aren’t hard-and-fast rules, and sometimes great projects slip through the cracks. But with limited time and funding, I’d rather bet on ideas that check these boxes—because they’re the ones most likely to create real, lasting change.
What do you think? What’s your approach to spotting original (and fundable) ideas?
Over the years from my time @CcHUB, I’ve listened to thousands of pitches, and I’ve developed a kind of sixth sense for sniffing out what’s truly original versus what’s just a repackaged version of an existing idea.
So, how do I separate the game-changers from the "me-too" projects? Here’s what goes through my mind (sometimes subconsciously) when evaluating a pitch:
1. The Person Behind the Idea
Who’s driving this? What’s their story, their values, their integrity? A founder’s authenticity and commitment often determine whether a project will succeed or flop. I pay attention not just to what’s said, but also to what’s not said—the nuances matter.
2. The "Why" Behind the Project
Why did the founder choose this problem? The more personal the connection to the issue, the more convinced I am that they’ll stick with it when things get tough. Passion rooted in lived experience beats a generic "I saw a gap in the market" or “It came to me in the shower” every time.
3. The Solution (and Whether It Actually Solves the Problem)
This might sound obvious, but so many solutions are built before the problem is fully understood. I look for ideas that directly address a well-researched, validated need—and a clear theory of change that explains how the solution tackles the problem. No hand-waving, just logic.
4. Progress Made So Far
What have you done with little or no funding? If my grant is the only thing standing between your idea and oblivion, that’s a red flag. I love seeing scrappy, resourceful founders who’ve already made headway—it tells me they’re in it for the long haul.
5. The Right Founder for the Right Audience
Do you really know the people you’re serving? And are you the best person to serve them? If your answer is "this project is for everyone," I’m probably not interested. Impact is about depth, not breadth.
6. A Vision for Success (and Obsolescence)
How will the world be different if you succeed? And—just as important—what’s your plan to not be needed forever? The best solutions aim to solve a problem so thoroughly that they eventually work themselves out of a job.
Of course, these aren’t hard-and-fast rules, and sometimes great projects slip through the cracks. But with limited time and funding, I’d rather bet on ideas that check these boxes—because they’re the ones most likely to create real, lasting change.
What do you think? What’s your approach to spotting original (and fundable) ideas?