Sorry guys for poor formatting. I wrote it in a hurry and since my blog isn't that popular I din't mind it initially but looks like I made to the Home Page of Hacker News and am getting a lot of attention. So I formatted it now, hope its readable.
That's true. But I am somewhat skeptical about the fact that a smart person necessarily is the one with good networking skills or the one capable of forging sound relationships. There are times when a truly smart person, either due to his own eccentricity or the environment, doesn't get to have a chance of having a good co-founder unless he relocates himself which is hardly possible in many cases.