NFX Founding Partner James Currier shared advice for seed-stage founders looking to build billion-dollar companies at TechCrunch Early Stage. According to Currier, unicorn ideas come from three basic forms of defensibility, and founders should focus on executing better than existing companies rather than taking market risk. He also noted that the right idea at the right time attracts talent, capital, and press. NFX reviews 8,000 deals each year but only invests in around 30, and 65% of the ideas they see are in a "dead zone." Currier encourages founders to keep pivoting until they find the right idea. https://techcrunch.com/2023/05/07/where-unicorn-ideas-come-from/