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Why you should share your “secret” startup idea with anyone who will listen

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13 points by MattRO4 11 years ago · 5 comments

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hoodoof 11 years ago

Has anyone asked the Winklevoss twins what they think of "no-one will steal your idea, tell everyone!"

I know "no-one will steal your idea" is the accepted wisdom but I don't buy it.

I think "no-one will steal your idea" because in the vast majority of cases, your idea is crap.

If your idea is absolutely compelling then people with the resources and motivation will steal it. Why wouldn't they? If you told me an idea that was a huge opportunity, and if you were not a friend whom I had loyalty to, then I would build your idea for myself. I have the time and the ability to, so why wouldn't I?

I think build your software to the point that it implements the vision you have in mind then release it. That's my idea of MVP - minimum valuable product.

AKAI2 11 years ago

Agree, the idea doesn't even matter. It is all about the execution.

  • hoodoof 11 years ago

    The idea doesn't matter? Of course the idea matters. The technology highway is littered with the wrecks of beautifully executed stupid ideas. I personally have frittered away more money than I would care to recall beautifully executing stupid ideas. The execution meant nothing because the idea was stupid.

ika290 11 years ago

Founders are worrying too much about protecting their ideas. Instead of working people, focus more on execution please.

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