This article is mistitled. It should be "Tips for Entrepreneurs
Seeking Investment in Silicon Valley". There are tons of ideas that don't need investment.
> A great way to find out if you have a really killer idea is to go and ask 100 random people on the street.
I so disagree. I really don't think most people know what they want until they see it. Sometimes things that sound cool in the abstract are lousy in real life, and sometimes things that sound abysmal in the abstract are actually awesome. Plus, a random sampling of 100 people may well be completely inappropriate. If you're not reaching out to the right 100 people you're going to get some very misleading results.
> You can now launch your startup via Facebook, Twitter, and LinkedIn as well as get coverage from companies like TechCrunch.
This isn't a marketing strategy! A launch is just the beginning, and probably the most insignificant portion of the uphill battle in user / revenue generation!
--
Anyway, my pedantry aside, this article provides a healthy dose of realism that so many people, especially those seeking investment, sorely need.