Mark, I would add one thing. Aim for Basecamp but have a (dynamic, changeable) plan to hit the summit. I want to see a big vision, and a basecamp strategy as the first step. Basecamp alone is necessary but insufficient.
Using a book-writing analogy, I want a first chapter, but I want to know the ending (even if it will change) and the plot (roadmap) in the initial story. We filter on this at archimedes labs (http://archimedeslabs.com).